Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How does Group B1 work?

B1 group
0
Posted

How does Group B1 work?

0

Group B1 buys Lotto 649 tickets whenever the jackpot is $20 million or more. The group is limited to 20 shares. The strategy is for each share to win at least $1 million if the group wins the jackpot and the group holds the only winning ticket. The share limit is temporarily increased whenever the announced jackpot is larger than $20 million while still maintaining the $1 million win per share. The current number of shares in the group is larger than the limit because the previous share limit was 23 shares. The number of shares in the group will be reduced to 20 through attrition. On average, the group buys tickets about 12 times per year.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.