How a retired couple found lottery odds in their favor - CBS News

Jan 28, 2019 · Which is why investigators took note when a retired couple from Michigan, Jerry and Marge Selbee, made $26 million winning various state lottery games dozens of times. …

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How A Retired Couple Found Lottery Odds In Their Favor - CBS News

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Jan 28, 2019 · Which is why investigators took note when a retired couple from Michigan, Jerry and Marge Selbee, made $26 million winning various state lottery games dozens of times. …

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How Jerry And Marge Selbee Used A Lottery Loophole To Win $26 …

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Mar 21, 2019 · Jerry and Marge Selbee, 80 and 81, sat down for an interview with "60 Minutes" and explained how they made $26 million through the lottery over nearly a decade.

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How A Couple Won $26 Million Using A Lottery Loophole They …

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Jerry realized that he could almost guarantee a win by buying a certain amount of tickets. He did some quick calculations and figured out that for every $1,100 he spent, he'd get back about …

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Retired Michigan Couple Win $26 Million Lottery By Finding A Legal ...

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After winning millions of dollars, they decided to invite their family to share in their windfall selling shares in the corporation for $500 apiece. By the time it was 2005, Jerry's club had ...

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Retired Couple Use Math To Win $26 Million Lottery Jackpot - Bolde

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Mar 10, 2023 · A retired Michigan couple has achieved the ultimate dream, scooping $26 million in the lottery. Jerry and Marge Selbee, from Evart, knew the odds were against them when …

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This Michigan Couple Spotted A Lucrative Lottery Loophole

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Apr 13, 2023 · Jerry quickly calculated that if he spent $1,100 on 1,100 tickets, odds are he'd have one four-number winner that would pay out $1,000, and at least 18 or 19 three-number …

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Couple 'cracked The Code' To Win $26million On The Lottery With

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A retired couple, Jerry and Marge Selbee, used their knack for numbers to "crack the code" of state lottery games, raking in an impressive $26 million.

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This Retired Mathematician Won $26 Million From State Lotteries ...

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Dec 18, 2020 · The retired Selbee earned a mathematics degree from Western Michigan University and loved numbers. He also loved winning. Selbee knew that as the odds of …

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Jerry Selbee: I Cracked The Lottery And Won $26 Million - Lotto …

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When retiree Jerry Selbee discovered a lottery loophole in the Winfall lottery, he decided to put his money where his mind was and invested a few thousand dollars to see if his theory was right. …

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Retired Couple Use 'basic Arithmetic' To Win Millions In US Lottery

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Jan 29, 2019 · Marge and Jerry Selbee won million on the lottery after selling their local convenience store and retiring. ... Jerry and Marge Selbee won $26 million after realising they …

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Lessons From The Couple Who Hacked The Lottery

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Mar 10, 2018 · Jerry saw that you had a 1-in-54 chance to pick three out of the six numbers in a drawing, winning $5, and a 1-in-1,500 chance to pick four numbers, winning $100. What he …

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This Retired Mathematician Won $26 Million From State Lotteries ...

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Dec 18, 2020 · A few years ago, Jerry Selbee figured out how to legally win lotteries in Michigan. How? It was all about the roll down. What is a roll down? In Michigan’s WinFall lottery, if there …

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This Michigan Couple Really Won $27 Million After Finding A …

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Feb 20, 2024 · Inspired by the true story of Jerry and Marge Selbee, ... Jerry discovered a new Michigan lottery game called “Winfall” in 2003. ... they had grossed more than $20 million in …

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FAQs about How a retired couple found lottery odds in their favor - CBS News Coupon?

How did Jerry and Marge Selbee win a million?

Marge and Jerry Selbee won million on the lottery after selling their local convenience store and retiring. A retired couple has won millions of dollars after using "basic artihmetic" to crack the US lottery. Jerry and Marge Selbee won $26 million after realising they could beat the odds of a state lottery game released in 2003. ...

Did Jerry Selbee win the lottery?

Jerry Selbee and his wife, Marge, won millions of dollars in lottery prizes. They won the lottery through a loophole in the system. Jerry Selbee is a retiree from a small town in Michigan. He lived in Evart, population 1900, with his high school sweetheart, Marge. ...

Did Jerry and Marge Selbee beat the lottery odds?

They didn't so much as beat the lottery odds as they figured them out. For years, high school sweethearts Jerry and Marge Selbee lived a quiet life in Evart, Michigan, population 1900. A single-stoplight factory-town that collapses in the folds of a map. Together they raised six kids and ran a local convenience store on Main Street. ...

How much money did the selbees make betting on the lottery?

In total, the Selbees and their investment group ended up betting almost $27 million on lottery tickets over a few years on a gross basis, while the net profits came out to just under $8 million. That means they lost money on a regular basis but since the odds were stacked in their favor the positive expected returns more than made up for it. ...

Who won $26 million by finding a lottery loophole?

One such story is about Jerry and Marge Selbee, a retired couple from Michigan, who won an incredible $26 million by finding a lottery loophole in just a few minutes. Are you richer than most people you know?Here’s the net worth you need at every age to be above average. Many are surprised by Mark Cuban’s advice for lotto winners:Cash or annuity? ...

How much money did Jerry Selbee win?

When a rolldown was announced, Jerry sprang into action. He bought $3,600 in Winfall tickets and won $6,300. Then he bet $8,000 and nearly doubled it. Jerry Selbee: At that point, I told Marge what I was doing. (Laugh) ...