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superchunk said:
BlkPaladin said:

Not to mention since it is that high they will sell about 3 or 4 of the same ticket. (There are only about 30million combinations, so if you have that much money when it gets that high just buy 30 million unique tickets and you are garenteed to win.)

 

This happens quite often to have 4 or 5 winners when the pay out gets that high. It just brings out more fools. (Thus in many circle the lottery is call a tax on fools.)


1. There is still a great possibility that only one or no winners will be announced.

2. Its physically impossible to buy all possible option and still be profitable as you'd have to hire an army of people to complete this. It was tried previously once the jackpot was high enough to warrant an attempt and the person was not able to buy ALL possible options and barely covered his expenses. Never been attempted again.

#2 - Well yeah there are physical and time constrainst but it is still a mathematical possiblity to buy all of them (plus you run into the possiblity that there will be multiples sold so there is still a inharent risk.)

 

As for what I would do with that much money, I really only need 3-to-4 million and I would be set for life. You put it into a saving account and live off the interest. (at 2% interest that is 50-to-65k yearly.)