https://www.thisisinsider.com/how-jerry-marge-selbee-won-the-lottery-2019-1

image from CBS News

why it might pay off to major in Math and actually learn something in the process 🙂

Relevant Snippets

In 2003, Jerry made a run to their old store and saw a brochure for a new lottery game called Winfall. Jerry, who majored in math in college, told “60 Minutes” he realized within just minutes that he could almost guarantee making a profit.

He explained this was because the winnings rolled down every time the jackpot reached a cap of $5 million. Unlike lottery games like Mega Millions, where the jackpot keeps growing until someone matches every single number, with Winfall, if the jackpot reached $5 million and no one drew a ticket with all six winning numbers, people with tickets that had five, four, and three winning numbers could cash in.

The Selbees said that over the nine years they played Winfall, their group won a total of $26 million and they made about $8 million in profit before taxes.