National Lottery - Anyone got £13,983,816?

[Kemik]

This Saturday's (4th November) jackpot is estimated at £18.1m but the odds of winning are 1 in 13,983,816.

So, does anyone have £13,983,816 and I'll share the profit?

 

[Abraham]

tell you what I'm in, I'll split the profit with you at the same percentage as we're investing

 

[utajoker]

i dont like your idea and i dont like you, im out.

 

[kaiowas]

Setting aside the logistics of actually buying the tickets, what happens if there's more than one winner?

 

[Kemik]

tell you what I'm in, I'll split the profit with you at the same percentage as we're investing

Damnit! I knew I shouldn't have posted my idea first!

Setting aside the logistics of actually buying the tickets, what happens if there's more than one winner?

You'd still make a profit, just a bit less

 

[Jumblejug]

To answer your question, no I don't.

Also....

In

 

[Abraham]

Setting aside the logistics of actually buying the tickets, what happens if there's more than one winner?

It's really tricky to work out, as you're probably going to add at least half to the jackpot, if not double it. You're then going to win every single other possible amount as well.

 

[OriginalJonty]

I know a prince in Nigeria who will give you those kind of funds.

 

[Andrew Moore]

But the 18.1m would be profit as you would have an extra outlay of 14million worth of tickets. Well worth the investment povided there isnt anyone else who wins.


Andy

 

[Abraham]

But the 18.1m would be profit as you would have an extra outlay of 14million worth of tickets. Well worth the investment povided there isnt anyone else who wins.


Andy

Worth the investment to the person who stumped up the cash, Kemik is going home with nothing

 

[InvaderGIR]

Gutted if your tickets didn't win.

 

[Abraham]

Gutted if your tickets didn't win.

you'd have every possible combination so be guaranteed to, that's the point

 

[Bakedgoods]

One of your tickets would always win as you would buy every combination, that's the point

 

[bsoltan]

Why wouldn't the person with the money just steal your idea and buy all the tickets for themselves?

 

[InvaderGIR]

you'd have every possible combination so be guaranteed to, that's the point

Well, the OP can't win anyway, only the investor can, who can then decide if the OP gets any money...so my point still stands, but more for the OP being allowed money/winnings from the investor.

 

[Stupot_]

Surely the 1 in 13mil odds depend on you buying one ticket... Buying 13 mil tickets will mean that there are 26mil tickets in circulation, and therefore the odds are 1 in 2 that you win?

(I don't know how the lottery works)

 

[kaiowas]

It's really tricky to work out, as you're probably going to add at least half to the jackpot, if not double it. You're then going to win every single other possible amount as well.

It's not that difficult. According to the lottery website 45% of the ticket price goes into the prize fund, of which 52% goes into the jackpot fund. Meaning that 23.4% or 3.27m of your stake would go into the jackpot fund bumping the jackpot to around 21.4m if the jackpot is split between just 2 winners you're relying on making more than 3.5m from smaller prizes just to avoid making a loss (which is probably easily achievable although you won't make enough for it to be worthwhile), if it's split 3 ways you're almost certain to lose.

 

[InvaderGIR]

Number combinations as has been said, not number of tickets.

 

[Aedus]

Have fun looking through 13,983,816 tickets to see if 1 of them won the jackpot

By the time you've done it the winnings would have probably rolled over because no-one claimed in time.

 

[Morba]

Have fun looking through 13,983,816 tickets to see if 1 of them won the jackpot

By the time you've done it the winnings would have probably rolled over because no-one claimed in time.

Do it online, simple.