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Question

How many people win at least $1 Million in a lottery every year in the USA?

Submitted: 39 days and 6 hours ago.
Category: Homework
Value: $9
Status: CLOSED
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Optional Information

Level/Year: 12
Subject: Financial Trivia

Already Tried:
Google. An answer came back from a TLC show called "The Lottery Changed my Life". It claimed 1,600 people win $1M or more a year. I just can't believe that's true.

Posted by homework helper1 38 days and 23 hours ago.

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Expert: homework helper1
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Answered: 10/15/2009

Tutor

6 years tutoring

38 days and 21 hours ago.

Reply

Thank you for taking the time to help me with my question. I actually came up with the same web pages you did before I submitted my question. I wanted someone to cross check the answer because I found it hard to believe.

1,600 Million $$ lottery winners per year sounds extremely high and I frankly don't believe it. That means 32 Million $$ winners per state per year, and not every state even has a lottery.

If you want to take another shot at finding where TLC got their stats, I would be willing to pay you another fee. I wonder if they are counting Slot Machine winners or other non-lottery sources.

Posted by homework helper1 38 days and 21 hours ago.

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38 days and 20 hours ago.

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Dear Homework Helper1:

If you can find any supporting references for TLC's claim of 1,600 per year, or find another source that supplies a reliable annual number, I will be happy to pay you an additional $15.00. OK?

 

I am not confident using ANY factoid that has not been cross-checked in some way, and the answer TLC provides doesn't sound realistic to me.

 

Thank you for your help so far.

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Answered: 10/15/2009

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