Thread: Lottery Time!
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Old 08-01-2011, 05:25 PM
KSig RC KSig RC is offline
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It's surprising those involved allowed themselves interviewed/mentioned in the article - there are actually a handful +EV lottery opportunities nationwide, although you need a large bankroll (obviously), but most aren't keen on advertising them (also for obvious reasons). I think the most prominent example came when the Virginia state lottery got high enough that one group attempted to buy out every numerical combination (something like 1.4mil IIRC).

FYI, pretty sure the Powerball/Mega Millions +EV cutoff is something like $300mil depending on how you account for splitting and the lump-sum valuation.

Good for those folks, though - easy money is the best money.
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