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The game’s vulnerability became clear in 2010, Sullivan said, when the
MIT group figured out a way to win nearly the entire jackpot for a
single drawing, something lottery officials had erroneously concluded
was impossible.
The MIT group figured out that, if it bought enough tickets, it could
push the jackpot to $2 million and trigger the rolldown all by itself.
In August 2010, the group began quietly buying up enough tickets to
force a rolldown. The lottery remained silent as the MIT group
stockpiled 700,000 tickets and did not alert the public that a rolldown
week was about to happen, as it normally does. The MIT group bought
more than 80 percent of the tickets during the August 2010 rolldown,
Sullivan found, and ultimately cashed in 860 of 983 winning tickets of
$600 or more. [Cash
WinFall]
I
coulda been a contender!
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This ain't the first time mathematicians have buggered a lotto.
ReplyDeleteVoltaire taught the French lotto officials some math once ...
The story is not about those who hacked the lottery. The story is about the complicity of the state officials who kept it all alive because they were still getting their cut. You thought the state ran an honest game?
ReplyDeleteCasca
"...the integrity of the lottery is of paramount importance.'
ReplyDeleteYeah, let's concentrate on fleecing the welfare recipients who can't really afford to gamble, and would get better odds at Atlantic City or Vegas.
Lt. Col. Gen. Tailgunner dick
Usetabee that the lottery was taxation for people who were bad at math.
ReplyDeleteReckon that's changed.