This is my half-baked idea from years ago that never came cause in hawaii we don't even know what powerball is....
I assume tickets are $1 each? can someone tell me the different combinations available? (for some reason, in my mind I have around 100M-150M combinations)
let's say for argument 125,000,000 combinations.....
who is to stop you from buying 125,000,000 different tickets.....
Here we go.....
230,000,000 in winnings
(125,000,000) in ticket expenses
(31,250,000) I figure i pay 1,250 people $25,000 each to buy 100,000 tickets (hell, i would do that for $25,000)
___________
73,750,000 in net winnings
(25,812,500) fed taxes (used 35%)
(6,084,375) state taxes (used 8.25%)
__________
$41,853,125 cash after taxes for me to do whatever
The only problem is getting a $160M loan from the bank (and the slim chance I have to split the winnings....and not sure if $230M is lump sum or an annuity)....someone hook me up! this post is my business plan.