[Sports lottery] A student investor who invested his entire fortune of 73．5 million yen into “megabig，” which has a “166％ payout rate，” is making headlines， calling it “a huge gamble that will change my life．”
A man who invested his entire fortune of 73.5 million yen into the sports lottery “Mega Big” is currently the talk of the town. The sports lottery “Mega Big” is a soccer lottery where tickets can be purchased starting from 300 yen per ticket. The prize is decided by the results of soccer matches, but as the selection is made randomly by a computer, purchasers cannot predict the outcome of the match. The biggest attraction of mega big is the high prize money. The highest first prize amount is 1.2 billion yen, the highest in the history of Japanese lotteries. On August 31st, student investor “Shipbuilding Taro” (1,900 subscribers) updated x. It was reported that the company invested 73.5 million yen and purchased 245,000 shares of the 1,476th Mega Big. “I bought Mega Big with my entire assets worth 73.5 million yen (245,000 shares). I scraped together as much money as I could. I also sold the watch. This is a big gamble that will put my life on the line.” Zosen Taro, who started investing in stocks when he was in the fifth grade of elementary school, had amassed assets worth 150 million yen by the age of 19. He is currently a student at the medical school. On the same day, Zosen Taro released a video on YouTube titled “I bought 73.5 million yen worth of lottery tickets” in which he explained his thoughts on the purchase. People call him “manly” for his courage in investing all his money. To win first prize, the results of 12 games must match perfectly, but this time, 4 games were cancelled due to the effects of Typhoon Faxai. If a match is cancelled, it will automatically be considered a winner, so if the remaining 8 matches are correct, you will win first prize. As a result, the odds of winning have increased, from the original probability of “1 in 16.8 million” to “1 in 65,536.” In addition, there is a carryover of approximately 5.8 billion yen this time, so when this is taken into account, the lottery payout rate comes to a whopping 166%. If you buy a 300 yen lottery ticket, you will get about 500 yen back, which is an unusual situation. If you invest 73 million yen, the expected return will be 122 million yen, resulting in a net profit of 49 million yen. While stating that it was purely based on calculations, Zosen Taro explained, “I thought I had no choice but to buy it, so I did.” Zosen Taro said, “If I can’t go all-in with this expected value and variance, I don’t think I’ll have a chance in my life. Win or lose, it’s a good experience. I have no regrets,” he commented. More on the source on youtube.
>>6 A better bet is to gamble The probability of losing is about 12% Probability of the outcome for Zosen Taro who bought 73 million yen worth of megabig (243333 shares) 2.6% Lose 50 million yen 9.5% Lose 20 million yen 17.3% Win 10 million yen 21.% Win 40 million yen 19.3% Win 70 million yen 14% Win 100 million yen 8.6% Win 130 million yen 4.4% Win 160 million yen 2.3% Win 190 million yen 0.6% Win 220 million yen Well, even if you lose, you can get 22 million yen back with a second prize or lower Anyway, you’re in medical school and your parents are rich, so even if you’re unlucky and you draw 2.6%, it’ll end with a lol.
He was the one who used the huge amount of money he received from his parents on day trading, then got more from his parents and made money on cryptocurrency.
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