Unless you bought your ticket in Rhode Island, you did not win the 320 million lottery. Our family and in-laws chipped in to buy tickets. We missed 5 or 6 numbers in each tickets. Here are my rules from our mistakes.
1. You cannot play under age 30. Otherwise life will be no meaning if you win.
2. A good test esp. in Valentine Day: You ask your boy friend or girl friend whether s/he would terminate the relationship when s/he wins.
3. You should enjoy the high spirit before the drawing, so the earlier you buy the ticket, the longer you enjoy.
4. When there is a big jackpot and the winning chance is not mathematically impossible, go to the Mass. lottery office and tell them you want to buy all the possible combinations without entering them into the machine.
5.Calculation the expected value = jackpot * probability + 2nd price * probability+... and compare it to the present value of 20 installments based on 3% return and 50% tax rate (check current rates on Federal and State). If my memory is still good, $150M jackpot is a fair value. I used doing so when I worked (practicing the art of using other people's time).
6. #4 and #5 have one minor problem. If there are more than one winner, you may lose.
Now, we have the only way that guarantees it works. You ask me nicely to borrow my time machine to go several days forward to get the winning numbers and come back to present and buy one winning ticket. Somehow the time machine does not work for the owner.
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This is updated from my old blog.
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