![]() ![]() However, it seems that Steve Wood is white in real life, not black. When the real events were taking place, Wood was similar in age to actor Larry Wilmore, 60. Similar to what unfolds in the movie, Wood bought shares in the Selbees' corporation and used his winnings to go on four cruises and renovate his house. Larry Wilmore's character, Steve Woods, was loosely inspired by Jerry Selbee's real-life accountant, Steve Wood, a longtime Evart local. Is Jerry Selbee's accountant, Steve, based on a real person? During an interview with CBS News, Jerry pointed out that during one such rolldown, for example, they purchased $515,000 in tickets and won $853,000, a 60 percent return. Jerry and his group of friends and family members were betting hundreds of thousands of dollars whenever a rolldown occurred in Michigan's Winfall lottery game and later in Massachusetts' Cash Winfall game. How much was Jerry Selbee's group betting and winning at its peak? The movie is actually based on Jason Fagone's 2018 Huffington Post article of the same name. They reportedly invested some of their lottery winnings in their younger family members' educations. Jerry and Marge have six children, 14 grandchildren, and 10 great-grandchildren. How many children do Jerry and Marge Selbee have? Like in the movie, the Jerry and Marge Go Large true story confirms that a lot of townsfolk were leery of such a high-stakes gamble. As of the spring of 2005, Jerry's gang had 25 members. Huff says that the game helped him pay for his children's education, including one to go to law school. Investment Strategies members included James White, a local attorney Dave Huff, a machine and tool shop operator retired farmers Loren and Ray Gerber three state troopers a bank vice president and a factory manager to name a few. He would meet with some of the members at a local Evart gathering place, Sugar Rae's Café, which closed a few years prior to the movie's release. He detailed the corporation's winnings in stacks of record books and kept both the winning and losing tickets. He invited family and friends to join the fund, which was similar to a hedge fund, and charged $500 per share. Investment Strategies after he and Marge started betting hundreds of thousands of dollars. After Winfall was shut down in May 2005, Jerry Selbee applied his lottery strategy to a similar game in Massachusetts called Cash Winfall. This meant that his investment of $1,100 would yield a $1,900 return, leaving him with a profit of $800. Jerry calculated that if he spent $1,100 on tickets, odds are he'd have one four-number winner ($1,000) and 18 or 19 three-number winners that totaled $900. As a result, it would then significantly increase the winnings of people who matched five, four or three numbers. When this occurred, it was called a "Rolldown" and the lottery commission announced in advance when it was going to happen. The unique thing about the game is that unlike Mega Millions where the jackpot keeps building until there's a winner, with Winfall, once the jackpot reached $5 million and no one matched all six numbers, the prize money rolled down to the lower-tier winners. Jerry Selbee's lottery math involved a state lottery game in Michigan called Winfall. What was Jerry Selbee's lottery loophole? Bryan Cranston (right) portrays Selbee in the movie. Code.The real Jerry Selbee (left) said that it took him three minutes to figure out the lottery loophole in the Michigan game. By the end of Johnson’s term in 1968, he was getting a lot of criticism from the press and from his own party for the Vietnam War, but not for his domestic violations of the U.S. Like the mainstream media, anti-Nixon partisans had paid scant attention when Nixon’s predecessor, Democrat Lyndon Johnson, engaged in many of the same crimes and abuses as did Nixon. President Underwood might also tell the public that, as with Richard Nixon, many of his opponents were cynical partisan zealots. President Underwood might remember that Alexander Haig went on to become Secretary of State under Ronald Reagan. Even when the claim about how the evidence was destroyed was obviously false, there may be enough members of the President’s own party who will continue to look the other way, as long as they are not presented with a smoking gun. ![]() ![]() If one can imagine a modern-day President Frank Underwood, the lesson he might draw from the story of the 18 1/2 minute gap is that brazen destruction of highly incriminating evidence is the wisest political strategy. ![]()
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