What If You Bought All 292M of the Possible Powerball Combinations?

Posted by klunger on Wednesday January 13, 2016 @12:52PM
from the theatlantic.com dept.

( 4 comments | 6 points | on HN )

Re:What If You Bought All 292M of the Possible Powerball Com... by x_x on Wednesday January 13, 2016 @12:55PM (#10896116)

I think logistically it's not possible, but let's say you do that

quick calculation $2*292M=$584M cost, revenue being $1B+ you might get a profit if the tax is not greater than $500M

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Re:What If You Bought All 292M of the Possible Powerball Com... by horsecaptin on Wednesday January 13, 2016 @01:15PM (#10896264)

It is 1.4B. So the profit would be clear. Doing this would also paint a massive target on the winner's back if their identity was made public.

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Re:What If You Bought All 292M of the Possible Powerball Com... by totalgeek on Wednesday January 13, 2016 @02:24PM (#10896760)

This is taking into account you are the only winner. If others win, this will reduce your profit.

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Re:What If You Bought All 292M of the Possible Powerball Com... by adenadel on Wednesday January 13, 2016 @02:01PM (#10896609)

Would you be able to deduct the cost of the tickets from your tax burden?

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