Richard Lustig is an American man who became famous for winning a relatively large prize in seven state-sponsored lottery games from 1993 to 2010. The prizes amounted to over $ 1 million. He wrote Learn How To Increase Your Chances of Winning the Lottery .
Video Richard Lustig
Win
The total number of Lustig winnings is $ 1,052,205,58 (before tax). Two of the wins are holidays rather than cash prizes, worth a total of $ 8,560.66. His first victory was in 1993, and the last in 2010. The victory consists of:
List 7 wins:
- Win 1: $ 10,000 - Jan 1993 (start ticket)
- Win 2: $ 13,696.03 - August 1997 (Florida Fantasy 5)
- Win 3: Travel "Lucky Wheel" Vacation to Los Angeles - June 2000 (worth $ 3,594.66) (rub-off "2nd draw")
- Win 4: Elvis Vacation Trip to Memphis - October 2001 (worth $ 4,966) (start ticket "2 drawing opportunity")
- Win 5: $ 842,152.91 - Jan 2002 (Florida Mega Money)
- Win 6: $ 73,658.06 - 25 Nov 2008 (Florida Fantasy 5)
- Win 7: $ 98,992.92 - August 9, 2010 (Florida Fantasy 5)
Maps Richard Lustig
Publicity
Seven Lustig lottery victories have been featured on the CNN Money financial website. His book "Learn How to Increase Your Chances of Winning the Lottery" is ranked # 3 on the Amazon self-help list in 2013.
Method
In an interview with ABC News, Lustig explained that his method was to reinvest all his wins back to the lottery. He also recommends using the selected direct sequence number and using the same number repeatedly.
Criticism
Personal finance writer Zac Bissonnette has characterized the recommendation of Richard Lustig as "dangerous", further noting the likelihood of winning the lottery prize is low and Lustig's suggestion to play the sequential number is statistically lower than choosing random numbers for each image. Financial journalist Felix Salmon writes that given Lustig's habit of using his many wins to buy more lottery tickets, it is unclear whether he saved more prize money than he spent on a lottery ticket: "[Lustig] never really got out and said he is a net winner. "CNN Money has taken their video after a storm of criticism.
References
External links
- "Richard Lustig's Site".
Source of the article : Wikipedia
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