Clever lottery players all win on handshake agreement

Comment #19

LOTTOMIKE — Sat, 30 Jul 2005 03:53:00 GMT

when did that show air

Comment #18

CASH Only — Thu, 28 Jul 2005 13:35:21 GMT

yeah.

Comment #17

Rip Snorter — Thu, 28 Jul 2005 13:03:12 GMT

Handy little factoid, though, ain't it?Jack

Comment #16

LOTTOMIKE — Thu, 28 Jul 2005 08:32:40 GMT

i didn't know that....

Comment #15

CASH Only — Mon, 11 Jul 2005 20:01:49 GMT

The Greed game show had annuity-only winners.

Comment #14

Rip Snorter — Mon, 11 Jul 2005 14:52:51 GMT

Greed's a relative sort of term.... maybe it explains it.... but it's usually in the eyes of the beholder. Another possible explanation for people not doing this sort of thing is that some folks just prefer to go against the odds in life.But greed's definitely present in most of us, in most of the people we hold dear, in most everyone else walking around this planet. Particularly when someone says, 'no' to something we want more, we're certain, than they do, or when they have something we wish... [ More ]

Comment #13

KyMystikal — Mon, 11 Jul 2005 14:36:51 GMT

I was going to say I don't know why more people don't do this but then I thought about that one nasty word, GREED . If I was in any contest like this I'de work out a deal to split it too. Splitting the prize sounds a lot better to me then $5,000.

Comment #12

CASH Only — Mon, 11 Jul 2005 13:37:33 GMT

As long as it's cash.

Comment #11

smd173 — Sat, 09 Jul 2005 16:24:25 GMT

You see this happen alot in Poker Tournaments, where people agree to chop the pot.Normally I don't like to chop, but in this case I think it made sense. 20% chance to win $2 Million, you are guaranteed $5,000, or you have a 100% chance at winning $400,000 (if all 5 had agreed to the split).You have to take the $400,000 in that spot. Even after taxes you have a nice sum that could be invested and easily get you back up to $2 Million. Maybe not right away, but eventually.

Comment #10

Rip Snorter — Sat, 09 Jul 2005 14:55:43 GMT

As it was, only a few jars of grape juice were offended. Good observation.Jack

Comment #9

CASH Only — Sat, 09 Jul 2005 14:33:27 GMT

Actually, it's welsh ...but then you risk offending the people of Wales...

Comment #8

MillionsWanted — Sat, 09 Jul 2005 11:39:14 GMT

Better to have a 4/5 chance on the $ 500,000 than having a 1/5 chance of getting the $ 2.000,000 and 4/5 chance of nothing.It was a good deal for everyone involved.

Comment #7

jeffrey — Fri, 08 Jul 2005 21:48:20 GMT

You always wonder if the winner will welch on the agreement. It is a real risk with everything we hear on the news. Yes, an agreement is nice but not a guarantee. Notes are nice and a binding contract but with 2 million people will run. I can understand #5 but I would have gone in on the agreement.

Comment #6

CASH Only — Fri, 08 Jul 2005 20:34:59 GMT

As long as they got cash.

Comment #5

atlasshrugged — Fri, 08 Jul 2005 17:28:13 GMT

Not me, I would have gone with the 4. I'm a safety girl. My husband would have been like the one. I guess that's why he and I work so well together. We kinda put each other on middle ground. -Bonnie

Comment #4

Rip Snorter — Fri, 08 Jul 2005 17:16:53 GMT

Ah, well..... guess I should have read it more carefully.I can identify fairly strongly with what he did, but not at all with how he reacted when he bet wrong. I'd say, knowing myself as I do, that there's a middling chance I'd have made the same choice he did.Jack

Comment #3

Todd — Fri, 08 Jul 2005 17:11:46 GMT

Acutally, he did complain. According to one winner, The fifth gentleman was very upset when it was over. But it was his choice not to join us.

Comment #2

Rip Snorter — Fri, 08 Jul 2005 15:12:40 GMT

The man was a winner-takes-all gambler. He bet on beating the one in five odds. Lost.I'd bet he's not complaining. More likely he's smiling, shaking hands, congratulating.Jack

Comment #1

qutgnt — Fri, 08 Jul 2005 15:02:34 GMT

I hope the guy who was greedy and missed out doesnt go berzerk and try to sue now himself saying he was like prejudiced against by the freedom 4 club

Clever lottery players all win on handshake agreement

Lottery Post — Fri, 08 Jul 2005 14:54:00 GMT

He hasn't even gotten the check yet, but Yousef Sharif already has given up three-quarters of his $2 million Michigan Lottery winnings.And he's still smiling.The Swartz Creek resident, a skilled trades worker at Delphi Flint East and owner of Happy Boy Market in Flint Township, won the top prize in a June 29 drawing at the International Freedom Festival in Detroit.In a classic case of a bird in the hand, four of the five finalists competing in the drawing decided to hedge their bets by agreein... [ More ]