Thread: how many mega millions tickets do you have bbv4l
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Old 08-29-2007, 05:04 AM
benza13 benza13 is offline
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Default Re: how many mega millions tickets do you have bbv4l
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I've heard of companies that somehow buy every single number in a lottery once it becomes +EV to do so. I'm not sure if the annuity is +EV at the moment (~ 1:175,000,000) on a $325,000,000 jackpot before taxes, or if it would be worthwhile to buy out a lottery for an annuity payment, but I'd like to know if these companies exist.

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I thought lotteries were never +EV

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When they get high enough they become +EV
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