Reply to post: Re: Random?

Lottery-hacking sysadmin's unlucky number comes up: 25 years in the slammer

Anonymous Coward
Anonymous Coward

Re: Random?

There is a video/article around the net on a Royal Institute speech on someone who "cracked the lottery", by observing an actual loophole in their rules/setup. The rollover weeks used a poorly chosen "guaranteed payout" option.

It meant, providing someone else also played the lottery on rollover weeks, that they would always have an above average chance of a positive return on all tickets purchased that week. It basically meant, if they purchased in bulk, over multiple weeks, they would approach around a 20% or so return on investment.

In the end, they ended up with family, friends, everyone investing in buying thousands of tickets every rollover week.

They even phoned the relevant Lottery Commission to check it was legal. It turns out buying tickets is not illegal, and the error was with the lottery company, not the players.

http://newsfeed.time.com/2012/08/07/how-mit-students-scammed-the-massachusetts-lottery-for-8-million/

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