I just heard some University statistician say on radio that if you spent $54,000,000 buying every possible combination of numbers in tonight's record Lotto draw you'd be guaranteed the first prize of $90,000,000.
She didn't point out that should even just one other syndicate have the winning numbers too you would have to share the first prize and actually lose a minimum of $9,000,000.
Let's not do that then, eh?
ReplyDeleteAnd that other winner may have only spent $1.00 to win all that. :-)
ReplyDeleteAnd don't forget the taxes that are taken out of the winnings.
Two people shared the first prize which in the end was over $106,000,000.
ReplyDeleteSteven, lottery winnings are not taxed in Australia.