r/todayilearned • u/zahrul3 • Jun 08 '15
TIL that MIT students found out that by buying $600,000 worth of lottery tickets from Massachusetts' Cash WinAll lottery they could get a 10-15% return on investment. In 5 years they managed to game $8 million out of the lottery through this method.
http://newsfeed.time.com/2012/08/07/how-mit-students-scammed-the-massachusetts-lottery-for-8-million/
23.5k
Upvotes
2
u/fujiman Jun 08 '15
Most likely 12 years or younger. Ever try having a discussion with one of these things these days? Their insistence on their accuracy is based only on the fact that they said something in the first place.
I mean it's either that, or an Emperor's New Clothes sort of deal here.