Our mega million jackpot is up to 137 this friday. Nobody needs to win 137 million, break the jackpot up into 137 million dollar prizes. Do you know if all states did this instead of giving the giant jackpots to usually 1 or 2 people the effect it would have on the economy.
owned 2 convenient stores in peabody and lynn mass, you guys got any questions about lottery and %'s, im the right man to ask.
Who says you would profit buying a whole book of 20 dollar tickets?
Theres a sucker born every minute
With a huge jackpot, they get to tax the 137 million ... break that up into smaller prizes worth say $1,000 ... and they essentially get NOTHING.
what are you talking about? I said 137 one million dollar prizes, they would get a huge amount of taxes from each person, plus the economy would make out because all 137 people would be buying tons of things. Where as the one prize winner wont be spending as much.
I know a guy who owns a family gas station that sells lottery tickets. Back when lottery tickets were popular in Texas, people used to buy the $1-5 tickets at his store and scratch them all off right in the store. He would try and monitor the amount of winners over $20 from each 250 pack. If after the first 200 tickets, he didnt see any tickets above $20, then he would buy the rest of the pack himself. He almost always made a profit doing this he claimed. I watched him do it a few times when he scratched off the last 20 tickets and he received around $80 both times.