$1.34 billion lottery prize still unclaimed

YOU CAN TRY TO USE LUCK TO BEAT >> >> A LOT OF PEOPLE WILL BE’S — RELYING ON A STRATEGY OF LUCK TO BEAT THE ODDS, BUT A HARVARD STRATEGIST SAYS HE’S FOUND ANOTHER WAY. SOME PEOPLE PLAY SPECIAL LOTTERY NUMBERS. OTHERS SPREAD THEIR TICKET SHOPPING AROUND. >> THE PROBLEM WITH THOSE STRATEGIES IS, THEY DON’T WORK. BUT HARVARD STATISTICIAN MARK GLICKMAN HAS A LOTTERY STRATEGY THAT HE SAYS IS 100% GUARANTEED. >> THAT MIGHT SOUND PREPOSTEROUS. >> PROFESSOR GLICKMAN’S STRATEGY IS BASED ON THE FACT THAT. WHEN THE MEGA MILLIONS MACHINE PICKS FIVE WHITE BALLS AND ONE GOLDEN ONE. THERE’S A LIMITED NUMBER OF COMBINATIONS, JUST OVER 303 MILLION. >> SUPPOSE YOU WERE TO THINK FOR YOURSELF THAT YOU WANTED TO PLAY 300 AND 3 MILLION TIMES. >> PLAYING MEGA MILLIONS AT 300 MILLION TIMES, WOULD REQUIRE A INITIAL INVESTMENT OF 605 THOUSAND DOLLARS. LEAVING YOU WITH A PROFIT OF $675 MILLION. >> IT SEEMS LIKE A GREAT STRATEGY. YOU ARE PAYING LESS MONEY TO GET THIS PAYOFF AT THE END OF THE BILLION. , THE OTHER PROBLEM IS THAT OTHER PEOPLE COULD TRY THE SAME THING. >> IN OTHER WORDS, IF YOU END UP HAVING TO SHARE THE JACKPOT WITH OTHER WINNERS. YOUR RETURN ON INVESTMENT SUDDENLY PLUMMETS AND YOU LOSE MONEY. BUT IF NOBODY CONTINUES TO WIN. AND THE JACKPOT CONTINUES TO GROW TO SAY FIVE OR $10 BILLION. THEN PROFESSOR GLICKMAN SAYS THE MATH FOR HIS PLAN LOOKS EVEN BETTER. >> AND THEN ALL THE SUDDEN THIS STRATEGY OF BUYING EVERY SINGLE LOTTERY TICKET STARTS TO BE MORE ATTRACTIVE. >> THERE’S ALSO THE PRACTICAL PROBLEM OF HOW YOU WILL FIND THE TIME TO FILL OUT THE BUBBLES FOR 303 MILLION TICKETS, EACH WITH A DIFFERENT NUMBER. IF YOU’RE STARTING RIGHT NOW, YOU HAVE LESS THAN FIVE HOURS. LIVE IN ROSLINDALE, DAVI

Advertisement

$1.34 billion lottery prize still unclaimed

Video above: Harvard statistician shares ‘guaranteed’ Mega Millions jackpot strategyJust around a month ago, a ticket for the second-largest Mega Millions jackpot ever was sold, netting the winner close to $1.34 billion.There’s just one problem: The winner hasn’t picked up their gargantuan prize yet.The ticket was purchased from a Speedway gas station in Des Plaines, around a 20-mile drive northwest of downtown Chicago, on July 29, according to the Illinois Lottery’s website. The ticket hit the top prize in the drawing on the same day.But as of Aug. 30, the jackpot still hasn’t been claimed, Meghan Powers, director of communications at the Illinois Lottery, told CNN.The Mega Millions jackpot winner isn’t the only lottery winner who hasn’t picked up their prize yet. According to the Illinois Lottery website, a $1 million prize bought in February and several six-figure prizes have also not yet been claimed.Prizes must be claimed within one year, says the Illinois Lottery.In a previous news release about the win, lottery officials said it’s pretty common for large prize winners to wait to collect their earnings.”For a prize of this magnitude, it’s not unusual for the winner to take a while to claim,” said Illinois Lottery Director Harold Mays in the release. “I’m sure they’re going through a range of emotions.”The lottery advises winners to sign the back of their ticket and store it safely, consult professional financial and legal advice about their winnings, and then call the lottery hotline to arrange a time to claim their prize.Even if the prize is claimed, the greater public may still never know who the lucky winner is. Winners of $250,000 or more can stay anonymous in Illinois, says the lottery.”We will work closely with the winner to respect any wishes for privacy and support them in any way we can to provide a positive winning experience,” said Mays in the release.

Video above: Harvard statistician shares ‘guaranteed’ Mega Millions jackpot strategy

Just around a month ago, a ticket for the second-largest Mega Millions jackpot ever was sold, netting the winner close to $1.34 billion.

Advertisement

There’s just one problem: The winner hasn’t picked up their gargantuan prize yet.

The ticket was purchased from a Speedway gas station in Des Plaines, around a 20-mile drive northwest of downtown Chicago, on July 29, according to the Illinois Lottery’s website. The ticket hit the top prize in the drawing on the same day.

But as of Aug. 30, the jackpot still hasn’t been claimed, Meghan Powers, director of communications at the Illinois Lottery, told CNN.

The Mega Millions jackpot winner isn’t the only lottery winner who hasn’t picked up their prize yet. According to the Illinois Lottery website, a $1 million prize bought in February and several six-figure prizes have also not yet been claimed.

Prizes must be claimed within one year, says the Illinois Lottery.

In a previous news release about the win, lottery officials said it’s pretty common for large prize winners to wait to collect their earnings.

“For a prize of this magnitude, it’s not unusual for the winner to take a while to claim,” said Illinois Lottery Director Harold Mays in the release. “I’m sure they’re going through a range of emotions.”

The lottery advises winners to sign the back of their ticket and store it safely, consult professional financial and legal advice about their winnings, and then call the lottery hotline to arrange a time to claim their prize.

Even if the prize is claimed, the greater public may still never know who the lucky winner is. Winners of $250,000 or more can stay anonymous in Illinois, says the lottery.

“We will work closely with the winner to respect any wishes for privacy and support them in any way we can to provide a positive winning experience,” said Mays in the release.

Contributed by local news sources

Next Post

SF Giants to face Padres in historic Mexico City games in 2023

SAN FRANCISCO — The Giants will make history next season as one of the two teams to play the first regular-season MLB games in Mexico City, the league announced Wednesday morning, confirming plans that have long been in the works. The Giants, who were originally scheduled to head south of […]