Re: If I understand the game right... - Saab General Bulletin Board - Saabnet.com
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Re: If I understand the game right...
Posted by David B [Email] (more from David B) on Fri, 30 Mar 2012 13:04:06
In Reply to: If I understand the game right..., Snowmobile [Profile/Gallery]
, Fri, 30 Mar 2012 11:55:31
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You don't need $25B to guarantee a winning number. There are approximately 176 million combinations in the 5 of 56 plus 1 of 46 megamillions lottery. At $1 per entry, you could buy every combination for $176M.
A person with $176M to risk could break even by purchasing every combination whenever the jackpot is equal to $176M plus whatever his state withholds in tax.
Of course there are practical problems with actually buying 176M tickets. How much time would that take? Is there even enough paper and ink to print them all? In Texas, only 10 numbers fit on each ticket. Is it practical to maintain 17.6 million pieces of paper to produce the one containing the winning numbers?
And there's also the risk of other entrants choosing a winning number, cutting the jackpot to 1/2, 1/3, 1/4, etc.
It's a fun theoretical exercise.
posted by 199.244.214...
Posts in this Thread:
- If I am the only winner of the megamillions, I'm buying, marynvince, Fri, 30 Mar 2012 07:12:55
- what do you mean by megamillions? nm, sab, Sat, 31 Mar 2012 14:33:36
- I would buy as many old SAABs as I could find..., BAAB , Fri, 30 Mar 2012 20:57:24
- Re: If I am the only winner of the megamillions, I'm buying, Tootsacolta, Fri, 30 Mar 2012 13:37:47
- Re: If I am the only winner of the megamillions, I'm buying, steve, Fri, 30 Mar 2012 10:03:44
- Re: If I am the only winner of the megamillions, I'm buying, turrbo , Fri, 30 Mar 2012 08:39:31
- Anticipate multiple winners, maybe thousands...., MI-Roger , Fri, 30 Mar 2012 08:33:03
- Re: If I am the only winner of the megamillions, I'm buying, poop deck pappy , Fri, 30 Mar 2012 08:17:13
- Re: If I am the only winner of the megamillions, I'm buying, TML , Fri, 30 Mar 2012 07:24:55
- Re: If I am the only winner of the megamillions, I'm buying, TML , Fri, 30 Mar 2012 07:23:19
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