Fagone’s article focuses on Jerry and Marge, a couple married for over 60 years who found a nifty way to finance retirement. A mildly dyslexic cereal company materials analyst with a penchant for puzzles and patterns named Gerald Selbee figured out a loophole in the Michigan Cash WinFall state lottery game. Essentially, when the jackpot reaches roughly $2 million and no one wins, payoffs for smaller prizes swell dramatically, which basically assures a profit for anyone who buys at least $100,000 worth of tickets. He used it to enrich family and friends. After Michigan did away with the WinFall, Jerry turned his attention to one in Massachusetts.
Along the way, he bumped up against a group of MIT students who discovered the same loophole,