Chances of winning a
lottery
There are hundreds of lotteries around the world and millions of people
purchase lottery tickets in hopes that their dreams of being rich will come
true.
They envision living in luxurious homes and sailing in huge yachts and
driving very expensive cars. Of course,
very few of the ticket- holders ever win the prizes.
There are lucky ticket-holders,
and then there's Jules Parent. For the second time in nine years, the
69-year-old Quebec retiree had won more
than two million Canadian dollars
playing the lottery.
He showed up at lottery offices to pick up a check for
$1,222,069 after winning the jackpot from an online lottery in which he
paid $3.20 for the ticket. Parent also won a million dollars in 2008. Loto-Quebec places the odds of such events at about one in
twenty-three million.
The first
many winners of the world's biggest lottery payoff in Spain had begun to emerge
as they shared a prize equivalent to 2 billion and 56 million US dollars
in its pot of cash to be divided among thousands of Spanish ticketholders.
Neighbourhoods
in towns and cities across Spain erupted with Champagne-soaked scenes of joy as
it dawned on that year's lucky winners that they had scooped the first prize of
Spain's 'El Gordo' (The Fat One) Christmas lottery. Unlike lotteries that offer
one large jackpot, Spain's yuletide drawing sprinkles a variety of winnings on
thousands of ticketholders. The United States also has
powerball lotteries in many if not all States.
Powerball mania reached a fever pitch on January 13th
2016 with at least three winning tickets having been sold in the largest
jackpot in U.S. history. The lucky overnight mutli-millionaires split a
whopping $1,586,400,000, blowing the previous record of $656 million out of sight.
That means that that each of the winners received over 526 million dollars
each.
Many other Americans have each won millions of dollars in these
powerball lotteries.
A man who lived in Rosemead California purchased
the winning $1 million Powerball ticket at a supermarket in Rosemead lost his
ticket, according to California Lottery officials. His ticket was worth
$1,098,624, Lottery officials released the surveillance video of the mystery
man purchasing the winning ticket, hoping to find him. The man saw himself
on the news and came forward, but without the ticket, so he was out of luck. The
deadline then passed. His prize money was then transferred to public schools in
California.
In China, a man who was identified only by the family name Zhang, sold his baby boy for 9,000 yuan, the equivalent of about $1,350 to buy lottery tickets because he had dreams of becoming rich overnight. The headline of the Beijing Daily Messenger was; "Evil father sold his own son to buy lottery tickets.” The Fugou County Court in central China's Henan province sentenced him to 10 years in jail and fined him 5,000 yuan.There was no word on the fate of his infant son.
Alas, Canada does not have powerball lotteries. The largest winning
ticket was worth 60 million dollars.
Many years ago, an unmarried man in Hamilton, Ontario decided to sell
his house. In those days, his house was worth eighty-thousand dollars. Two
weeks later, he sold his house for sixty-five thousand dollars. He was willing
to sell his house for less than it was worth because he wanted to use most of
the money to buy lottery tickets.
It was his intention to set aside fifteen thousand dollars to live on
and spend the remaining fifty-thousand dollars on purchasing lottery tickets.
He knew that his chances of winning was extremely slim and that it was
possible that no one would have the winning ticket—not even him. He calculated
in his mind as to what the chances were of anyone actually having the winning
ticket. If five thousand people who had bought a lottery ticket were standing
in a football field, it would take as many fifty football fields in which one
of those persons who purchased a ticket would have the winning ticket.
In the middle of a week two weeks later, the winning ticket of a lottery
had reached fifty million dollars. He had two days to buy as many tickets as he
could buy. They were five dollars each. At the end of those two days, he had
purchased as many as thirteen thousand tickets. The next day it was announced
that the winning ticket was worth as much as fifty-five million dollars.
As the days and months passed, no one had made a claim for the prize.
The man figured that it was possible that the winning ticket was one of the
tickets he purchased.
For three months, he spent eight hours every day in his rented room,
looking for the winning ticket. He read each group of numbers on each ticket
very carefully. If he had the winning ticket, he had only a year to make the
claim.
Now I have a question for you. Was the man stupid to sell his house to
buy thirteen thousand tickets in hopes that he would have the winning ticket?
Tomorrow, I will tell you what he really won.
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