Did You Know an investment group once tried to buy every single combination in a lottery.

Group Invests $5 Million To Hedge Bets in Lottery

Published: February 25, 1992

There is a dream common among regular lottery players: to wait until the jackpot reaches an astronomical sum and then to buy every possible number, guaranteeing a winner.
Sure, it would cost millions of dollars. But the payoff would be much richer.
In Virginia this month, one investment group came tantalizingly close to cornering the market on all possible combinations of six numbers from 1 to 44. State lottery officials say that the group bought tickets for 5 million of a possible 7 million combinations, at $1 each, in a lottery with a $27 million jackpot. Only a lack of time prevented the group from buying tickets for the remaining 2 million combinations.
While no one has come forward with the one winning ticket in the Feb. 15 lottery, several clues point to the investment group, an Australian syndicate, as the winner. If that is so, the numbers 8, 11, 13, 15, 19 and 20 will yield a prize of $1.3 million a year for 20 years to the group.

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