Mod-Chip said:
Here's what I dont get...if a person has a bucketload of money, why not just buy $174 million worth of lottery tickets and guarantee a win? Or is that unlikely? I suppose the other risk is having multiple winners and needing to share the jackpot, though dont some states guarantee a no-share win if the jackpot is hit?
Well, while that is extremely time consuming and risky, theoretically it would work since there are 176 million combinations.
Put do the math this way, if you bought 10 tickets every second, it would take 202 days to get all the combinations you need. In addition, it prints a max of 10 lines per slip, so that is 17.6 million pieces of paper you need to keep and organize.
That being said, it would net anywhere from 100 million to 230 million profit after taxes and the payout type are added in depending on the state. This assumes you are the only winner, just one other person wins and you are screwed and risk having almost no profit at all, or even losing money.