Quote:
Originally Posted by Talisman
The lure of the million dollar payout had so many of them jumping in to buy a winning ticket without truly understanding the payout structure and the mob's cut. If it was a lump sum, they'd at least have some money to potentially payoff their house or buy a few nice things. The $50k per year for 20 years made for a slow trickle after everyone took their piece of the pie.
With the mob Jerry taking half pre-tax and them having to pay taxes on the full amount, they were basically coming out with around $10k a year. After paying in $50k for the opportunity to get in on the scam, it was going to take five years before they broke even. Not exactly the windfall it seemed.
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They just saw $1 million and figured easy street has arrived. None of the patsies are very smart. Which is why they ended up with 10% of the money even though they were "winners" and the very public face of the scam.
And McDonalds was really stupid. You can randomize the winners and know what store it was sent to or at least what city/area of the country it should have been pulled.