PDA

View Full Version : # of Winning Tickets


bigmack
01-31-2008, 06:39 PM
I know for a fact that on a recent P4 there were only 3 winning tickets of equal denomination. If the take is 25% and the pool was $100K isn't that $75k divided by three minus taxes?

Hosshead
01-31-2008, 07:15 PM
So 25k per ticket. Why, what was the payoff ?

Tom Barrister
02-01-2008, 02:37 AM
Each person would collect $25,000. It wouldn't necessarily show as a $25,000 mutuel. For example, if the payoff was based on $2, and they all had $1 tickets, the mutuel would be $50,000.

rastajenk
02-01-2008, 09:42 AM
And how is it a known fact there were only three tickets?