In a famous occurrence, a Polish-Irish businessman named Stefan Klincewicz bought up almost all of the 1,947,792 combinations available on the Irish lottery. He and his associates paid less than one million Irish pounds while the jackpot stood at £1.7 million. There were three winning tickets, but with the “Match 4” and “Match 5″ prizes, Klincewicz made a small profit overall.
Obviously, most US lotteries have much longer odds (making it more difficult), but good for Klincewicz. It’s unsurprising that this has been tried before (and a certainty that it had been thought of before) but I didn’t know any specifics of anyone pulling it off.
Wikipedia:
Excellent!
Obviously, most US lotteries have much longer odds (making it more difficult), but good for Klincewicz. It’s unsurprising that this has been tried before (and a certainty that it had been thought of before) but I didn’t know any specifics of anyone pulling it off.