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Someone won 1,600 million dollars in lottery

stinkynuts

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Jan 4, 2005
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Two tickets won 2 million by matching 5 and activating the $1 multiplier

5 people won 1 million by matching 5 numbers without the multiplier. Yes, They missed out on $1 million because they did not pay the one dollars for the multiplier. I wonder how that makes them feel.
 

onomatopoeia

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Jul 3, 2020
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In November 2000, I had all six numbers for the Encore on a Lotto 6/49 ticket, (at that time, the Encore numbers were printed on the ticket, whether you played or not). I've never played Encore and never will. ($250K with wings, flying away in the comic strip).
 
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onomatopoeia

Bzzzzz.......Doink
Jul 3, 2020
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I worked with someone who won the 6/49 in the early 1990's. The jackpot was about $4 Million.

She was an accounting clerk, probably making $20-$24K salary. She continued working for about four months, but quit because senior management were jealous that she had more money than they did, so they pretty much hounded her out. She and her husband bought a really nice house with an indoor swimming pool, and retired at about age 30, which, for most people, is living the Canadian Dream.
 

stinkynuts

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Jan 4, 2005
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I worked with someone who won the 6/49 in the early 1990's. The jackpot was about $4 Million.

She was an accounting clerk, probably making $20-$24K salary. She continued working for about four months, but quit because senior management were jealous that she had more money than they did, so they pretty much hounded her out. She and her husband bought a really nice house with an indoor swimming pool, and retired at about age 30, which, for most people, is living the Canadian Dream.
That house is probably worth triple the value now, and she never had to pay off the mortgage. Try doing that now. You'd need to pay $20,000 a month for the rest of your life. Hopefully, she invested the rest and lived sensibly. Good to hear that some good people win.
 
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gabersc

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Apr 30, 2023
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That house is probably worth triple the value now, and she never had to pay off the mortgage. Try doing that now. You'd need to pay $20,000 a month for the rest of your life. Hopefully, she invested the rest and lived sensibly. Good to hear that some good people win.
Agreed the property tax kills you.
 

xmontrealer

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May 23, 2005
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I looked at the Mega Millions prize breakdown.

If you don't win the progressive Jackpot (match all 5 numbers + Gold Mega Ball) at over 302,575,350 to 1 odds, the 3 next lesser prize levels kinda suck!

There are 70 numbers, and 25 Mega Ball numbers to be chosen from. You choose 5 numbers and 1 Mega Ball number.

All 5 numbers = $1 million (odds = 1 in 12,607,306)

4 numbers + Mega Ball = $10,000 (odds 1 in 931,001)

4 numbers = $200 (odds 1 in 38,792)

and so on...
 

stinkynuts

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Jan 4, 2005
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Why on earth wouldn't anyone buy all 300 million combinations to win 1.6 billion? Even after lump sum and taxes it would be a couple hundred million in profit. Maybe $1 million to hire people to buyy all the combinations. If you have to share the prize, I guess you would be down though.
 
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JohnHenry

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Aug 27, 2003
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Why on earth wouldn't anyone buy all 300 million combinations to win 1.6 billion? Even after lump sum and taxes it would be a couple hundred million in profit. Maybe $1 million to hire people to buyy all the combinations. If you have to share the prize, I guess you would be down though.
Because the day you do that two other people will pick the winning numbers and you will have to split the pot three ways. Oops
 

20reasonswhy

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Jun 6, 2023
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Why on earth wouldn't anyone buy all 300 million combinations to win 1.6 billion? Even after lump sum and taxes it would be a couple hundred million in profit. Maybe $1 million to hire people to buyy all the combinations. If you have to share the prize, I guess you would be down though.
Big big risk.
 
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