We are looking for 3 players to join our group so we can have 20 total members.
Currently we have been playing for 5 months and spend $3000 + per month.
All members have signed a legal contract and the weekly tickets are scanned and distributed by email.
Transactions are done through Paypal, so everything can be financially tracked.
I’m fairly confident that we are the largest lotto group in California as far as spending power is concerned.

http://www.biglotterywinners.com/2012/01/wanna-join-one-of-biggest-lottery-pools.html

I think I’ll have to repeat your experiement and blog the results too. I’ll let you know if I beat your $2 win, or manage to blow the whole lot.

I think of it like this: If there were 100 tickets in a lottery total, and one of them payed out 100 dollars and the rest 0, once even one ticket has been sold and deemed a loser, it makes sense to buy all remaining 99 tickets, because you have a guarantee of winning (only $1 but still, a guaranteed $1).

My problem has been finding info on how many lottery tickets there are to start with in certain games. I have also come to realize it is impossible to know how many actual tickets remain, but I’m still brainstorming ideas like this.

Any ideas???