Hey /biz/, question for ya. Assuming that you had no monetary constraints, are there any obstacles that prevent you from buying every single ticket for every possible combination for the lottery?
>>1035392
Yeah, the fact that I'd have to sort through every single one to find the winning ticket.
That's over 290 million. Good fucking luck.
>>1035392
Taxes and the fact that powerball is $2, you'd lose money. Yes, even on this one.
It's mainly the logistics that would prevent you from doing this, though something similar has been done before
https://slice.mit.edu/2012/08/14/winning-the-lottery/
>>1035757
5# 25m
4+ powerball 16m
4# .8m
3+ poweball 2m
3# 3.5m
2+ poweball 3m
1+ powerball 13m
Powerball 40m
Payout 806m + (78m)
Cost 584m
Net 222m+ (78m)
Profit 300m
Taxes 300*.39 = 117m
Profit 183m
Assuming another winner and split
403m profit + 78m = 481
Cost 584m
Net -103m
Assuming probability of a two way split is 50/50 you're still +80m after taxes
>>1035392
No but you lose like 30% off the top for taxes and a lot of your tickets will be repeat numbers. The computers push out random combos not every ticket once.
>>1036034
Even with a 39% tax rate at 1.2B with a 806M cash payout it's +80M to play assuming a 50/50 chance to split.
And you can't do 292 million quick picks. You'd have to make a machine that fills out every possible outcome.
>>1036027
>>1035757
Oops, i forgot to add 25m #5 to the calculation.
5# 25m
4+ powerball 16m
4# .8m
3+ poweball 2m
3# 3.5m
2+ poweball 3m
1+ powerball 13m
Powerball 40m
= 103m unsplittable payouts
Payout 806m + (103m)
Cost 584m
Net 222m+ (103m)
Profit 325m
Taxes 325*.39 = 126m
Profit 199m
Assuming another winner and split
403m profit + 103m = 506
Cost 584m
Net -78m
Win alone +199m
split -78m
average 121m
Assuming a 50% chance of a two way split it's +121m to buy all the tickets.
