And don't forget to factor split winnings into the calculations. Here in Qld (Australia) the media coverage of lottery prizes starts well before the Kelly crite

And don't forget to factor split winnings into the calculations. Here in Qld (Australia) the media coverage of lottery prizes starts well before the Kelly criterion tips in your favour, which means prizes are almost always split - there was one case where $20-odd million was split so many ways that the first division prize was less than $750K. In that situation, even buying ALL the tickets wouldn't help ... you'd need to buy MULTIPLE copies of ALL the tickets, so you would have several shares in the split. I'd like to see the math for that!