Well - maybe if it wasn't a scam.
Just had a call from someone claiming to work for the North German Lottery or some such.
I was running the numbers while he was trying to rip me off and this is what I came up with. (Some numbers rounded as I didn't want to mess about with cents)
Ticket that lasts 30 days with a draw on each day = 17 euro.
Chances of winning something in the space of the month = 54%
Smallest prize = 140 euro.
Tickets available = 300,000
Total prize fund must then be 5.1 million euro.
So...
Every month there are 162,000 winning tickets, each winning at least 140 euro.
Each month if nobody wins anything other than the minimum at the predicted rate of winnings, then, the prize payout is a staggering 22.68 million euro.
Not a bad markup at 445% of the prize fund.
I'm gonna be so rich I'll make Scrooge McDuck look like a PAUPER!
Just for fun - here's the numbers the first person I talked to gave me (yes, he did pass me onto the supervisor and I did speak to both - I love playing games with scam artists):
Take the same numbers as above but with a 54% chance of winning EACH DAY.
That gives a total prize payout over the month, if nobody ever wins anything bigger than the minimum is a whopping great big 630million euros!
That, unless I've really screwed my numbers up - and I sometimes do - is an increase of 12353% on the available prize pool!
I'm in the mo-ney...
I'm in the mo-ney!!!
Don't need an allotment now - I'll be buying half the English countryside, some of Ireland and living out my days digging and growing - that is when I'm not sailing on my bespoke blue-water sailing yacht of course!
Haha.
Just had a call from someone claiming to work for the North German Lottery or some such.
I was running the numbers while he was trying to rip me off and this is what I came up with. (Some numbers rounded as I didn't want to mess about with cents)
Ticket that lasts 30 days with a draw on each day = 17 euro.
Chances of winning something in the space of the month = 54%
Smallest prize = 140 euro.
Tickets available = 300,000
Total prize fund must then be 5.1 million euro.
So...
Every month there are 162,000 winning tickets, each winning at least 140 euro.
Each month if nobody wins anything other than the minimum at the predicted rate of winnings, then, the prize payout is a staggering 22.68 million euro.
Not a bad markup at 445% of the prize fund.
I'm gonna be so rich I'll make Scrooge McDuck look like a PAUPER!
Just for fun - here's the numbers the first person I talked to gave me (yes, he did pass me onto the supervisor and I did speak to both - I love playing games with scam artists):
Take the same numbers as above but with a 54% chance of winning EACH DAY.
That gives a total prize payout over the month, if nobody ever wins anything bigger than the minimum is a whopping great big 630million euros!
That, unless I've really screwed my numbers up - and I sometimes do - is an increase of 12353% on the available prize pool!
I'm in the mo-ney...
I'm in the mo-ney!!!
Don't need an allotment now - I'll be buying half the English countryside, some of Ireland and living out my days digging and growing - that is when I'm not sailing on my bespoke blue-water sailing yacht of course!
Haha.
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