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My tongue-in-cheek scheme: Operate a "lottery disappointment insurance" company. For (say) $1.50 you register your numbers with us, and we promise to pay out wh
by me_again 11y ago
My tongue-in-cheek scheme: Operate a "lottery disappointment insurance" company. For (say) $1.50 you register your numbers with us, and we promise to pay out what you would have won had you bought a $2 ticket on the real lottery. Any large insurance company could easily afford the payout, and there should be sufficient spread between the official ticket price and the expected win to make it profitable.
Only downside is that if by some fluke it is not already illegal, it would be made illegal in a flash.
- ethbro 11y agoUnfortunately, a bit late for this scheme this time, non? The prize being cumulative and all.
- pavel_lishin 11y agoIsn't this the same as running a lottery, but outsourcing the winning-number-generation?
- me_again 11y agoHeavens, no. That would be gambling. This is insurance. Entirely different.