Feeling Lucky? Get Your Mega Millions Ticket Now!

  • Thread starter Thread starter jtbell
  • Start date Start date
Click For Summary
SUMMARY

The Mega Millions lottery jackpot reached at least $1.6 billion, prompting discussions about ticket purchases and the allure of winning. Participants shared their experiences with buying tickets, the odds of winning, and the psychological aspects of lottery play. The winning ticket was sold in Simpsonville, South Carolina, leading to speculation about the store's luck and the impact of previous wins on ticket sales. The discussion also touched on the tax implications of lottery winnings in the U.S. compared to other countries like Australia and New Zealand.

PREREQUISITES
  • Understanding of lottery mechanics and odds
  • Familiarity with Mega Millions rules and ticket purchasing
  • Knowledge of tax implications for lottery winnings in the U.S.
  • Awareness of marketing concepts related to consumer behavior
NEXT STEPS
  • Research the odds and mechanics of Mega Millions and other lotteries
  • Explore the psychological factors influencing lottery ticket purchases
  • Investigate tax regulations for lottery winnings in various states
  • Examine case studies on consumer behavior related to pricing strategies
USEFUL FOR

Individuals interested in lottery dynamics, marketers studying consumer behavior, and anyone considering the financial implications of lottery participation.

  • #31
jtbell said:
I know the odds are silly, which is why I don't normally buy lottery tickets, but it's tempting to be part of a "big event."
for jackpot, assuming arrangement matters = (1/(nPr))
Save your $1. The lottery guys will scam you, your family, your friends, and your community. You should feel even luckier now that you are aware of the odds, and you don't have to give your $1 to the scam artist that are operating out of gas stations/convenience stores.
 
Physics news on Phys.org
  • #32
jtbell said:
Someone finally claimed the prize!

https://www.megamillions.com/News/2019/Winner-Claims-$1-5-Billion-Mega-Millions-Jackpot-i.aspx

He or she will remain anonymous, and has hired a lawyer from New York
...who has now turned out to be a crook. :mad: This was on the local TV news tonight:

https://www.wyff4.com/article/attor...charged-with-fraud-doj-officials-say/33648479

"The co-conspirators’ largest and most egregious fraud was perpetrated against Lottery Victim 3, the winner of a $1.5 billion lottery, and the client whom Kurland touted most in marketing his practice. Kurland and his firm charged Lottery Victim 3 an initial $200,000 payment, and $50,000 monthly fees thereafter. As with the other Lottery Victims, however, Lottery Victim 3 did not know that Kurland was siphoning off additional money from his/her winnings. Like Lottery Victim 2, Lottery Victim 3 told Kurland that he/she was only interested in conservative investments, and understood that Kurland’s recommendations were in line with that preference. As with the other Lottery Victims, Kurland persuaded Lottery Victim 3 to invest in seemingly independent entities that were, in reality, connected to the defendants. In total, Kurland persuaded Lottery Victim 3 to invest over $60 million in various entities that are tied to the co-conspirators, and Kurland transferred an additional $19.5 million from an account held by Lottery Victim 3 without his/her knowledge, much less authorization. The co-conspirators have lost more than $70 million of Lottery Victim 3’s money."
 
Last edited:
  • Wow
Likes   Reactions: Borg

Similar threads

  • · Replies 7 ·
Replies
7
Views
1K
  • · Replies 11 ·
Replies
11
Views
6K
Replies
12
Views
4K
  • · Replies 28 ·
Replies
28
Views
14K
  • · Replies 16 ·
Replies
16
Views
6K
  • · Replies 1 ·
Replies
1
Views
4K
  • · Replies 1 ·
Replies
1
Views
4K
  • · Replies 7 ·
Replies
7
Views
4K
  • · Replies 9 ·
Replies
9
Views
4K