Lotto Max Math Lesson #219
If 3 LUCKY squirrels pooled their money, how many Lotto Max tickets could they buy, how much would each receive if they win, and how much do they lose in taxes, etc?
Lucky the Lottery Squirrel noticed the last Lotto Max jackpot was not won. The next Lotto MAX jackpot is estimated at $42 Million tax free.
Lucky opens his Squirrel mail program and emails to 2 other squirrels, Sugar Toes and Curly.
This is the email he sends:
Hey SQUIRRELS, the Lotto MAX jackpot is now estimated at $42 Million.
Does anyone want to buy a share at $10, and we can pool our money and share the $42 Million Lotto Max Jackpot.
Curly, a paint store owner, responded within seconds – “I am in for 1 share at $10.”
Sugar Toes, a grammar guru, responded – “I have $20 I will can put in for a chance to share $42 Million.”
Lucky the Lottery Squirrel had just sold some squirrel stuff online and did not wanted to be out done by a girl squirrel - Sugar Toes – so he thought if he bought 3 shares it would make an interesting story for the newspapers and CBC & CTV news on television if the group won the jackpot.
With all the Olympic coverage in the media, an interesting story about 3 Lottery Squirrels squirreling away a $42 Million Lotto MAX win is sure to compete with the Vancouver 2010 Olympics.
So Lucky headed off to a local lottery retailer and bought the group tickets. He played one of our paw-picks and the rest quick picks.
Lucky then scanned the tickets and using SQUIRREL MAIL sent the other squirrels copies of the numbers played within seconds in their email mailboxes, helping save some trees.
All members of the lottery group have a Lucky Coin® attached to their keys and are all believers in luck.
ANSWER ALL THE QUESTIONS CORRECT to see if you are LOTTO MAX smart.
1) How much did they spend on Lotto MAX tickets?
2) How many chances or lines do they have?
Assuming the jackpot won is $42 million and the squirrels share the single winning ticket:
3) How much would Curly receive?
4) How much would Sugar Toes receive?
5) How much would LUCKY receive?
6) How much would each lose in taxes on this CANADIAN Lotto MAX lottery win?
7) How many possible number combinations are there on Lotto MAX’s ~ 7 number out of 49 lottery?
If a Lottery Squirrel wanted to stash his share of his Lotto MAX $42 Million win in your attic, would you be upset?
9) How much money would LUCKY and Sugar Toes have if they combined their winnings?
10) Knowing 3 squirrels walked away with a $42 Million Lotto MAX jackpot would you brake for SQUIRRELS?
If you were unable to answer these questions and the idea of winning BIG on the lottery appeals to you - you may want to purchase a copy of 21 Lucky Lottery Tips .
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