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Clarance Jones http://archive.boston.com/business/articles/2011/11/05/frequent_lottery_winner_wins_again/ http://archive.boston.com/business/articles/2011/11/05
by projectant 9y ago
Clarance Jones http://archive.boston.com/business/articles/2011/11/05/frequent_lottery_winner_wins_again/ http://archive.boston.com/business/articles/2011/11/05/frequ...
TL;DR - Audited by IRS but had 200 boxes of losing tickets & records in storage facilities, which the auditors apparently didn't want to search through. He ended up winning his defense against the state's tax claims as well.
How does he win so much? Is he psychic?
- quuquuquu 9y agoProbably just caught a lucky break when they didn't want to search through the 20 boxes of duds he bought from 7/11 for less than the cost of paper ;)
- monktastic1 9y agoYeah but how did he win so much? Edit: just read the article. Seems to be cashing in for others.
- quuquuquu 9y agoYup that's what I think too. Guy has a thing for lottery tickets as income. Covered his tracks by keeping thousands and thousands of non-winning tickets that he probably bought bulk for pennies per box. Feds show up and see the boxes and say "shit, this guy must have really bought 300 million bucks worth of lottery tickets!" and walk away. Pretty bad investigstion lol
- curun1r 9y agoOTOH, he could be the front man for one of the lottery syndicates mentioned in: https://www.theatlantic.com/business/archive/2016/02/how-mit-students-gamed-the-lottery/470349/ https://www.theatlantic.com/business/archive/2016/02/how-mit... There have been lots of groups that have made lots of money by intelligently playing specific MA lottery games at specific times, so those 300m tickets might be real.