Tuesday, January 27, 2009

How To Get Rich Quick!

No, it's not a scam.
You're heard it first!

Last Saturday's Lotto 649 Jackpot was $44 million. Now imagine winning that.

The odds of winning the lottery are 1 in 13,983,816 (49*48*47*46*45*44)/(!6).

If the jackpot is higher than the odds, why not buy the lottery?


Here is my proposal.
Say each ticket costs 5 seconds to generate and $27 967 632 dollars. To generate all the possibilities, it would take 69 919 080 seconds or 1 165 318 minutes or 19 422 hours.

Say each processing day has 15 hours (8 am till 11pm for those late convenience stores and time for lunch).

If the lottery is played on Saturday, you'll have 42 hours to submit your entries. (15 + 15 + 12)
If the lottery is played on Wednesday, you'll have 57 hours to submit your entries. (15 + 15 + 15 + 12)

You'll need to hire 341 people whom will each process 41 000 tickets in that given time span.

When you buy the lottery, the pool prize would increase by $13 144 787 and the jackpot would increase by $5 257 915.


This is the breakdown:
+$44 451 939 actual jackpot winnings
+$5 257 915 increase in jackpot pool because of your contribution.
+$7 886 872 because of tiered winnings
+ 10 000 because of last place winnings
-$27 967 632 cost of tickets.

Gain: $29 639 094 / 341 shares = $86 918 a person!!


The rules doesn't say you can't buy the lottery. All you need is 340 trust-worthy friends.



Note: If you plan to do this, make sure the ticket seller has enough paper rolls and ink. Remember, you're racing against time to submit your tickets.

2 comments:

neural_traffic said...

that's a huge investment.
and that week's lotto had 3 winners.
could really mess with your profits.

Lynn said...

your blogs are so awesome :)

by Mr. Ed