...Massachusetts lottery. Some math wizards figured out that when the jackpot reached $2 million, they could win it by buying $100,000 worth of tickets. They spent $40 million over 7 years and wound up with $48 million. All perfectly legal.
There is no way to figure their return. It could be as high as 400 to 1,500%.
If they won the 2 million prize on the first $100,000 of tickets they bought the whole operation could have been self funding without any out of pocket.
Then you have the pay schedule of the lottery. How many $3, 5, 10, $25 dollar winners do you get out of 100,000 tickets which would cut your cost and up you yield, not to mention the timing of those wins.
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