Lotto odds

Roy M. Silvernail roy at sendai.cybrspc.mn.org
Tue Jun 28 04:57:47 PDT 1994


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In list.cypherpunks, tcmay at netcom.com writes:

> Maybe, but the state has a wonderful scam of paying off a "5 million
> dollar jackpot" over 20 years; the true value (what the same deal
> would cost you to buy as an annuity) is less than $5 M, possibly much
> less. If private outfits did this, they'd be jailed.

Jailed?  Publisher's Clearing House, American Family Puublishers and
Reader's Digest have done this for years.
- -- 
Roy M. Silvernail --  roy at sendai.cybrspc.mn.org
                   "I'm a family man, model citizen."
                                      -- Warren Zevon

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