Makes you think!

Reply #6

enterceptorr — Wed, 01 Dec 2004 02:38:05 GMT

how much interest should i be paid for a 250. dollar winning ticket?lets say, i wait 5.9 months to cash it in. its drawn interest all this time, at what rate?and, should we be able to have a choice to not cash in, instead, let it remain there and draw more interest, or instead of cashing in, invest in lotto?i mean, if it draws interest, one would think you should have more options instead of cashing in.maybe, like.... a lotto card?as they use in grocery stores and walmart?wouldnt this also benef... [ More ]

Reply #5

camden2004 — Tue, 30 Nov 2004 01:18:09 GMT

Reply #4

Maverick — Mon, 29 Nov 2004 23:48:47 GMT

Interesting (no pun intended

Reply #3

enterceptorr — Mon, 29 Nov 2004 09:57:01 GMT

all of this stuff goes into bank accounts and accrues interest.child support in texas has around 1 million dollars a day gaining interest.lotto has up to 18 million dollars a day gaining interest.thats a loooot of interest. 365 days a year?im interested in interest.

Reply #2

LOTTOMIKE — Mon, 29 Nov 2004 09:50:42 GMT

why i never looked at it in that perspective...

Reply #1

enterceptorr — Mon, 29 Nov 2004 08:59:51 GMT

yeah, and if you rig the game, i wonder how muchinterest is acumilated in the bank account, while supposedly waiting for the winner in the next 2 or 3 draws. kind of like child support isnt it? how much of that interest have they ever given to the custodial parent?hmmmmmmmmm?why dont lotto players get paid interest? hmmmm?maybe cause someone else is

Makes you think!

camden2004 — Mon, 29 Nov 2004 05:25:22 GMT

http://pass.maths.org.uk/issue30/features/haigh/I guess this one is for the UK players