How a convience-store-owner hacked the lottery odds and won $27 million

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Photo of lottery ticket by Santeri Viinamäki

Here’s a fascinating story about a convenience-store owner in Michigan, Jerry Selbee, who cracked a Michigan state lottery — and then a similar one in Massachusetts. He didn’t do anything illegal; he just realized the lotteries were constructed in such a fashion that under certain conditions, if you bet big and could spend more than $100,000 on tickets, you were statistically guaranteed to come out ahead. — Read the rest