4 ms·
Summary of the loophole from the article (within the first three paragraphs). once the Winfall jackpot reached $5 million – and no one had matched all six numb
by tareqak 3y ago
Summary of the loophole from the article (within the first three paragraphs).
once the Winfall jackpot reached $5 million – and no one had matched all six numbers to win – a "rolldown" would happen. That meant the money rolled down and was split between winners who matched just five, four or three numbers.
Jerry quickly calculated that if he spent $1,100 on 1,100 tickets, odds are he'd have one four-number winner that would pay out $1,000, and at least 18 or 19 three-number winners that paid $900. That meant his $1,100 investment would yield a $1,900 return, for a tidy profit of $800.