MIT students discovered that by buying $600,000 worth of lottery tickets in the Massachusetts’ Cash WinAll lottery they could get a 10-15% return on investment. Over 5 years, they managed to game $8 million out of the lottery through this method.
In 2005, a fortune cookie company correctly foretold…
In 2005, a fortune cookie company correctly foretold lottery numbers, resulting in 110 winners and an investigation.
Those making less than $10,000 a year spend $597 on the lottery…
Those making less than $10,000 a year spend $597 on the lottery meanwhile the average US household spends $162. States not only know this; they actually target the poor with lottery ads.
A convenience store employee and his father stole a 5 million dollar lottery…
A convenience store employee and his father stole a 5 million dollar lottery ticket, told the winner it was only worth $5,000, only paid him $4,000 and then pushed him out the door and locked it.
A woman won $1.3 million lottery. She hid it from her husband and immediately divorced him to avoi…
A woman won $1.3 million lottery. She hid it from her husband and immediately divorced him to avoid giving him half. He found out and sued. Due a Family Code statute that penalizes spouses for falsifying data about their property during divorce, judge ordered her to give him 100% of the winnings.
A Chicago couple won $30 million in the state lottery and didn…
A Chicago couple won $30 million in the state lottery and didn’t tell anyone. Not even their kids.
Woman who had won a lottery, filed for divorce in hurry and at the end lost all…
Woman who had won a lottery, filed for divorce in hurry and at the end lost all of her lottery money to her ex husband as a result of violating disclosure laws (he sued her after he learned about the money).
A man cracked the code to winning scratch lottery tickets, but calculated it would…
A man cracked the code to winning scratch lottery tickets, but calculated it would only net him $600/day and instead of secretly plundering the game, he decided to report the problem to the Lottery and Gaming Corporation.
Ren Xiaofeng, a manager of The Agricultural Bank of China, stole $26,000…
Ren Xiaofeng, a manager of The Agricultural Bank of China, stole $26,000 from the bank with the intention of buying lottery tickets, winning, and repaying the initial theft. Against the odds, it worked so he tried again with $6.7 million. He lost all but $95,000 and was sentenced to death.
A man spent $600 A DAY on the Florida Lotto, racking up…
A man spent $600 A DAY on the Florida Lotto, racking up $600,000 debt before hitting the jackpot.