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Topic: USA has world largest lottery prize. - page 2. (Read 443 times)

legendary
Activity: 3808
Merit: 1723
October 20, 2018, 04:09:54 PM
#5
So the price for the ticket is $2 and the chances of winning are 1 in 302,500,000. So basically if you got $605,000,000 laying around you can easily almost triple your money. Why be a millionaire when you can be a billionaire.

You will actually get more than 1.6 billion since I think you get paid a small prize if you guessed maybe half the numbers. The chances of 2 other people guessing the correct number is very slim and even if they did you would end up breaking even.

legendary
Activity: 3248
Merit: 1402
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October 20, 2018, 01:30:21 PM
#4
I wonder if  any people overseas   would want to go in on a pool of tickets.

I would buy 50 tickets  for 100 usd and sell  49 shares . Keep 1 share for me.

http://www.nydailynews.com/news/ny-news-mega-millions-jackpot-largest-history-billion-20181020-story.html
Unfortunately, the website with news is not opening, because it says that it's not available in most of European countries. But if the lottery is so huge, would 50 tickets really make a difference? Wouldn't it be a miserable percentage with extremely low odds of winning? The idea seems interesting, but (a)I thought reselling [any] tickets illegal as a rule and (b) the idea would make more sense with buying more tickets, perhaps. I see that someone wrote the odds are 1/302,500,000. In that case, one ticket, a hundred or even a thousand don't make much difference...
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
October 20, 2018, 12:27:59 PM
#3
What would be the arrangement if we do hit up the jackpot? Grin Its hard to purchase up ticket if we are on the other side of the world.
I would like to make bets or purchase shares but i would like to know on whats your response to my question..

I drooled on the odds.

the odds of matching all six numbers is one in 302.5 million.

I have no idea how we could ever fix it.  But it would be a fun problem to have. Grin

We would need tax lawyers for everyone that purchased in on the ticket.
hero member
Activity: 3010
Merit: 794
October 20, 2018, 09:48:36 AM
#2
What would be the arrangement if we do hit up the jackpot? Grin Its hard to purchase up ticket if we are on the other side of the world.
I would like to make bets or purchase shares but i would like to know on whats your response to my question..

I drooled on the odds.

the odds of matching all six numbers is one in 302.5 million.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
October 20, 2018, 09:04:35 AM
#1
I wonder if  any people overseas   would want to go in on a pool of tickets.

I would buy 50 tickets  for 100 usd and sell  49 shares . Keep 1 share for me.

If we won  it would be a glorious tax mess and make newspapers tv and internet all over the world.

Just a thought.


Not sure if a ticket is 2 usd, but I think it is.

http://www.nydailynews.com/news/ny-news-mega-millions-jackpot-largest-history-billion-20181020-story.html
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