Quote:
Originally posted by Groove
Interesting idea BUT....
Unless there was a *HUGE* account balance the payouts would be peanuts. For example, let's say there was an average balance of $1,000,000 earning 5% interest, that's a $50,000/PA return of which 50% gets distributed, ie $25,000 divided by 365 for a daily prize of $68.50 
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The returns for something like that should be around 5-7% weekly so that split in half and given to one person would be decent. Of course it'd never work with a pool of $1,000,000, that's huge. When they started planning it they planned for about $7000 in ticket sales for each round, which would be $70/day interest.
Anyway mine will be better and generally more fun to play.
