How To Win The Lottery Like An Australian Hedge Fund Trader
INVESTMENT group invests $5 Million to hedge bets in Australian Lottery.
The prize: $27 million. The nume3bs to get right: 6. Cot per ticket: $1.00.
In the Virginia game, there are 7,059,052 possible combinations of numbers. So someone who buys one ticket has odds of 1 in slightly more than 7 million. Having more tickets increases the odds of winning, so that 1 million tickets have odds of 1 in 7.
So an investment group in Austrlian boughy 5 million before the deadline. They won. $27 million.
Old Mr Anorak used to go to the Win A Teddy Bear Stand in Dollis gill Park. Numbers ending in a 5 win a small bear; get a 0 and win a big bear. Buy £5 of tickets - some of which are stuck together - and never lose.
When OMA moved into refuse, he donated a teddy to each rubbish truck crew - by way ofa Christmas bonus for the lads. You can still see them in pride of place on the radiator grill…
Posted: 1st, February 2009 | In: Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink
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February 1st, 2009 at 3:44 pm
“The biggest danger to a huge lottery investor would be having to split the prize with other winners who had picked the same numbers. Mr. Thorson said some popular combinations have as many as 1,000 ticket holders.”
I am glad I read on and saw this. I was just about to smash the piggy bank. I will stick to ‘hook a duck’ in future