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Jeff Copetas
Author
Winning Numbers
Jeff Copetas, author
What would you do if you won the lottery? In 1998, James Hayes won $19 million. Why did he end up in prison twenty years later? A winner in Massachusetts receives $1 million a year for life. Why does he still have a flip phone and live in the same small house? AR Platinum spends six figures every year on the lottery ... and constantly loses. How does his losing make him a comfortable income? In this book you will meet the cast of characters from behind the scenes, in front of the cameras, some winners and losers, and the critics and proponents. You will also get advice from Kurt Panouses-the most well-known lottery lawyer in the United States-on what to do if you win, and learn way more than you ever wanted to about the numbers behind the games. Get comfy, grab some popcorn, and be entertained while you delve into the world of winning and losing...but mostly losing.
Reviews
If Americans share a national fantasy, it could be that of winning the lottery and living like a king, no matter how long the odds, no matter how many stories we might hear of past winners for whom that good luck proved disastrous. In this insightful debut, Copetas examines those disasters and many other facets of the lottery industry, running the numbers on the odds, talking to lottery officials, lawyers, and lottery winners who have won millions and lost it all, and also to lottery winners who—in even greater demonstrations of luck or something as powerful—haven’t really changed in any substantive way. Copetas’s original interviews, mixed with his own research and analysis, make this an intriguing read in a relaxed, conversational style as he examines the reality of the long-shot dream: what actually happens when someone wins big.

Overall, this is an enjoyable book with surprises (“just under one-third of people who win or inherit money don’t just blow it all, they blow it all and then some”), though some of the analysis (of the odds of winning; of who actually plays) can be dry. Copetas is most engaging when interviewing, historicizing, and thinking through fascinating questions. He gives the subject enough space to tell their story and offers no judgment afterward. In a fascinating chapter, Copetas talks to Kurt Panouses, the “Powerball lawyer” who has handled over 30 lottery winners, including some billion dollar jackpots, talks about the difference in state-to-state taxes, foundations and above all, the need for anonymity.

Even knowing the odds, it’s still fascinating to think through the questions (addressed here) like whether to take winnings as a lump sum or an annual payout. Copetas looks America’s lottery obsession in the eye and asks the tough questions with sometimes surprising, always informative answers in a book that pulls the reader in by shining a light on their dreams of instant wealth.

Takeaway: Illuminating breakdown of lottery, the odds, and what happens to winners.

Comparable Titles: David G. Schwartz’s Roll the Bones, Jonathan D. Cohen’s For a Dollar and a Dream.

Production grades
Cover: B
Design and typography: A
Illustrations: N/A
Editing: A
Marketing copy: A-

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