Brad Reagan
speaker
42 appearances
1 recordings
1 series
first heard May 2025
last heard May 2025
Brad Reagan’s voice in public audio — every appearance, attributed to the second.
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Appearances
I think that's a pretty good comparison.
So sometimes people are rushing to the convenience stores. There's lines around the block. Everybody's buying lottery tickets. In this case, they realized that wasn't happening. And the reason that's important is because to maintain their profit margins, they want to be the only people that win.
They don't want to split the jackpot.
The total prize was getting close to 90 million.
They wanted to do it as quickly as they could because there's obviously the risk that someone could win if they waited until the next draw. There was also the talk, we've heard that other big pro gambling outfits were circling and had seen this lottery. They're not the only ones out there who were kind of watching the jackpot creep higher and running the numbers.
And so I think they felt like there was a little bit of competition and if they don't strike now, someone else could get to it first.
They had to get from London to Texas and execute this plan to buy and print all of these lottery tickets before the drawing.
Lottery.com was having a lot of problems in its own business. And Lottery.com executives saw this as a huge business opportunity. These Europeans were going to come in and spend $25 million buying tickets. They saw that as a business opportunity because they get 5% of the sales. There's a little bit of an air of desperation in some of the emails.
They were able to get dozens of these ticket printing machines They set them up in four locations around the state. One was a former dentist's office. One was a warehouse. So these were not glamorous locations, but they brought in rolls and rolls of paper because they have to print all these tickets.
As best we can tell, it's 100% legal. Wow. These guys sought permission ahead of time, and they got approval, and they came in and did it.
I mean, it was definitely an around-the-clock operation, and they were bringing in more people as soon as they could find them. Our understanding is some of them brought in their children to help with the printing and the filing. It was really an around-the-clock operation. I mean, they really wanted this thing to work.
I don't think they actually bought every single combination. And one reason for that is because there are some numbers that you don't want to buy because they're so common. For example, one, two, three, four, five, six, too many people guess that number. And so if you buy that lottery ticket, you would almost certainly share it with other people.
Once again, those lotto texts, those numbers are 52, 30, 5, 18, 29.
It really wasn't until late 2024, early this year, that people started talking about this. The state's lottery commission has come under fire over what's called... And it just gathered momentum.
Texas Attorney General Ken Paxton announced this morning an investigation
People started getting more and more upset and lawmakers would pile in. And then the governor of Texas jumped on and asked the Texas Rangers to investigate.
I think Barantelli and the Joker, as best we understand it, are trying to lay low. They gave us a statement through their lawyer saying that all rules and regulations had been followed. And as best we could tell, that is true.
But, you know, as the scrutiny continues and as the political fallout plays out, it will be interesting to see if anyone tries to come after their jackpot and also whether this becomes a fatal blow for the Texas lottery.
I think the issue is just that to some people it doesn't feel fair.
And we've talked to some people. There's a lottery watchdog down in Texas, and her position is, like, this is supposed to be for the people of Texas. It's not, you know, for outsiders to come in and steal our jackpots and take it to London or Tasmania. So I... I understand that anger. It does seem perhaps a little bit misplaced because these guys took advantage of the rules that were on the books.
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