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Ex-Lottery Worker Convicted of Programming System To Win $14M
An anonymous reader sends news that Eddie Tipton, a man who worked for the Multi-State Lottery Association, has been convicted of rigging a computerized lottery game so he could win the $14 million jackpot. Tipton wrote a computer program that would ensure certain numbers were picked in the lottery game, and ran it on lottery system machines. He then deleted it and bought a ticket from a convenience store. Lottery employees are forbidden to play, so he tried to get acquaintances to cash the winning ticket for him. Unfortunately for him, Iowa law requires the original ticket buyer's name to be divulged before any money can be paid out.
" Unfortunately for him, Iowa law requires the original ticket buyer's name to be divulged before any money can be paid out. "
Unfortunately for him, he had stupid friends - FTFY.
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>> he tried to get acquaintances to cash the winning ticket for him
He should have looked into how insiders scammed McDonald's Monopoly contests for about $13M first.
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Hi user:sexconker (1179573), we know it's you, you forgot to check the "Post Anonymously" box earlier:
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> he was an idiot for buying the ticket himself.
I agree, but at the same time, have a think about how many people you know to whom you can say: "I found a way to defraud a company of 14 million and you can have half but I need you to put your name to it."
Rule out all your acquaintances who aren't smart enough to avoid fucking it up, plus those who you can't trust, and rule out friends with kids or a job who are afraid of jail time, and people who can't keep a secret from their own friends and family who might fuck it up. And remember, for each person who says "no" to your plan, you've just created someone who can testify against you or blackmail you.
And then your accomplice has to get your half to you. A bank transfer of seven million is a little incriminating, or if they give you a suitcase of cash, you can't just lodge it into your account. "Enjoying" your money isn't so easy when you have to avoid ever creating a record of having the money.
Finding an accomplice for a big illegal act isn't *that* easy.
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John Olivier did a wonderful piece explaining this:
https://www.youtube.com/watch?...
In short, despite what they tell you, the money is fungible. Not because they actually take the money from the lottery and use it for something else, but because it doesn't stop them from cutting OTHER funding for the schools. So say they previously spent $500 million on the schools each year. The lottery brings in $150 million, so that should mean the schools get $650m, right? Nope, because they just cut the school budget by $300 million, meaning the schools are now only getting $350 million, of which $150 million is from the lottery.
Once it became obvious he couldn't cash in the ticket without giving his real name, Tipton should have let it go uncollected. Once he figured out a way around the problem, he could have run his program again and cashed in.
I've calculated my velocity with such exquisite precision that I have no idea where I am.
First clue something was wrong was the winning number was 1-2-3-4-5-6.
Due, this was in C/C++... It was 0-1-2-3-4-5.....
"File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
The schools have no problem building brand new football fields, which is a higher priority than class size and supplies. Your tax dollars at work.
Depending on what kind of full time job you had to give up, it could have cost upwards of $50,000 or $100,000 per year for you to educate your 2 kids, given the opportunity cost. Don't get me wrong, I can think of lots of *good* reasons to home school your kids, but saving money isn't one of them.
"I have never let my schooling interfere with my education." - Mark Twain
Lotteries are a tax on stupidity.
People paying for fancy cars is a tax on stupidity because I personally can't see the value of it. People paying to see a play is a tax on stupidity because I wouldn't enjoy it myself. Paying any money at all for a coffee is a tax on stupidity because I hate coffee. Everything you do for enjoyment that I wouldn't personally enjoy doing is a tax on stupidity.
If you don't get any enjoyment from it, don't do it. Other people enjoy it, which is obvious, so why be a prick about it? Very, very few people buy lottery tickets as a financial strategy, so the actual odds are irrelevant as long as it's run honestly and someone shows up in the news with a win occasionally. Personally I spend about $10 per month on lotto tickets. I enjoy it, it's fun for me, so fuck off with your judgmental generalization.
Look, sorry if I offended you but you didn't read my whole post...
The only valid reason to play, IMHO, is for entertainment value, which is pretty limited. If you want to bet for entertainment, hit the blackjack tables after you learn the rules of how you play. Blackjack is a better deal because the entertainment lasts longer for the same cost, on average.
IF you get enjoyment out of playing the lottery and have money to spend on such entertainment, have fun, buy your tickets. You know what the odds mean and that you won't win but you enjoy the thrill making sure and finding that if you had matched ONE more number, they would have paid you $5.
However, you are not the target audience of lotteries. People like you don't buy that many tickets. People who are poor, don't have disposable income, who are inclined to make stupid financial decisions are the same folks who more often buying lottery tickets. It amounts to a tax on foolishness and stupidity.
"File to fit, pound to insert, paint to match" - Aircraft Maintenance 101