millionaire for life

[nature boy]

so it's coming back this march. grand prize = a million dollars a year for 25 years. guaranteed winner (they draw numbers out of the tickets sold). a bunch of other prizes too.

i was thinking about starting a pool. the cheapest is 7 draws for $20. i was thinking everyone who enters the pool donate $100 (35 draws) and we'll go to a max of 17 people in the pool (the alternate prize to a mil for 25 is 17 mil up front, because who knows where we will all be in 25 years). that's almost 600 chances to win!!!

who's in?

[supersuk]

sure, i'm in......... but not sure if other people are willing to fork over 100 bucks

[se7entse7en]

Is there only one grand prize or are there other smaller prizes as well?

I was thinking just yesterday, "30 more years until retirement???", and I was ready to blow out my brains.

[jeSteR]

Soooooo what if you win a car or an ipod?... hard to split 17 ways

[nature boy]

all prizes are cash prizes or convertible to cash. both cars available (camaro is early bird prize and i forget the other one) are both swappable for 40 grand.

and i think there's just the one grand prize of a million a year for 25 years. i'm not sure what the breakdown is for the other prizes. i don't imagine i'll get 17 people, but 5-6 people is still better than just me.

[Duncan]

when do you have to buy the tickets by? i might be in

[Wetundies]

how about i trade you a phone for some tickets?

[nature boy]

tickets are only on sale for the month of march. but there's an early bird draw, so once we know how many are in, we might as well get the tickets asap.

[nature boy]

[geForce]

I don't know what he's got, but if he's willing to trade it for $100 worth of tickets, then it's probably not what you were looking for.

[nature boy]

[nature boy]

if people aren't in to pitch in $100 for this draw, anyone want to start a regular lottery pool? all of it (i think) can be set up and managed online. all we need to do is pitch in a couple bucks twice a week until we strike it rich.

[supersuk]

i usually only put in like 2-5 bucks into lotto if theres a big jackpot or something.......definately not every week
not sure how a pool would work.

[nature boy]

a pool would work like a pool.
1. everyone pitches in for each draw
2. we use predetermined numbers or lotto rng
3. buy as many draws for that day as we can
4. profit
5. repeat

[joel]

maybe keian was asking how the winnings are divided for non- jackpots.