Virginia lottery around the end of 1991: pick 6 from 1 to 44 giving 7 059 052 possible combinations.
The challengers: International Lotto Fund (ILF), an Australian investor group with 2500 investors.
ILF did't quite manage to cover all 7.1 million combinations. They only managed 5 million. They fell short because they underestimated the time it would take to buy the tickets, which they got from around 8 grocery and convenience store chains.
And no, I'm not some kind of lottery history buff. This is one of those weird bits of trivia one picks up in law school. Specifically in the class I took on transnational tax around 1995, where the taxing of ILF's winnings from this hit some edge cases in US and Australian tax law that were interesting and instructive enough for the case to make the next edition of the textbook.
The challengers: International Lotto Fund (ILF), an Australian investor group with 2500 investors.
ILF did't quite manage to cover all 7.1 million combinations. They only managed 5 million. They fell short because they underestimated the time it would take to buy the tickets, which they got from around 8 grocery and convenience store chains.
And no, I'm not some kind of lottery history buff. This is one of those weird bits of trivia one picks up in law school. Specifically in the class I took on transnational tax around 1995, where the taxing of ILF's winnings from this hit some edge cases in US and Australian tax law that were interesting and instructive enough for the case to make the next edition of the textbook.