Several years ago, while doing research for a school project, a group of MIT students realized that, for a few days every three months or so, the most reliably lucrative lottery game in the country was Massachusetts' Cash WinFall, because of a quirk in the way a jackpot was broken down into smaller prizes if there was no big winner. The math whizzes quickly discovered that buying about $100,000 in Cash WinFall tickets on those days would virtually guarantee success. Buying $600,000 worth of tickets would bring a 15%–20% return on investment, according to the New York Daily News.
When the jackpot rose to $2 million, the students bought in, dividing the prize money among group members. But they didn't stop there; they were so successful in their caper that they were eventually able to quit their day jobs and bring in investors to front the money they needed to purchase the requisite number of lottery tickets.
(Score: 2) by c0lo on Tuesday June 09 2015, @08:01AM
Forgive my ignorance, but... really? I mean, literally?
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 0) by Anonymous Coward on Tuesday June 09 2015, @08:38AM
Scared ya! You past due liability is . . . . well, if we can't calculate it, we can't bill for it.
(Score: 0) by Anonymous Coward on Tuesday June 09 2015, @12:23PM
Some places have additional taxes on adult magazines. As for adult porn channels on television - while not an actual "tax" because the government is not collecting the money - you have to wonder why a single channel can cost almost the same as your monthly cable bill. And it's not because porn movies are especially difficult to make or the actors earn so much. It's gouging by middlemen because they know you'll pay it if you really want it, and you won't complain about it either because you know you are a "sinner".
(Score: 2) by c0lo on Tuesday June 09 2015, @12:45PM
I'm amoral, you insensitive clod (but still ethical from pragmatic reasons) - so no guilty feelings here.
Besides, there is so much free porn on internets, I don't see why would I want to pay for it.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford