How (not) to play the lottery

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  • Опубликовано: 11 сен 2024
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Комментарии • 18

  • @mt.penguinmonster4144
    @mt.penguinmonster4144 3 года назад +7

    Your channel is severely underrated

    • @KnowArt
      @KnowArt  3 года назад +1

      Thanks a lot! It's very motivating to hear that. At this stage I don't mind it too much as I'm still finding my style and I'm unable to spend too much time on the videos, but soon (towards the summer) I think it would be time to put in more time and grow a lot faster

    • @KnowArt
      @KnowArt  3 года назад +2

      "not too much time" is still a lot, don't get me wrong. I spend a little more than a day on a video like this. But eventually I want to work about 5 days on a video.

    • @clewski5193
      @clewski5193 7 месяцев назад

      damn. u kept ur promise. @@KnowArt

    • @KnowArt
      @KnowArt  7 месяцев назад +1

      @@clewski5193 hehe yes! Although I overshot the time aspect a little bit. I'm currently spending like... 10-30 days on a video

    • @clewski5193
      @clewski5193 7 месяцев назад

      @@KnowArt well, i hope you keep doing what you do! I certainly do enjoy your content!!

  • @vietanh266lmao
    @vietanh266lmao 3 месяца назад +3

    99% of gamblers quit before the big win

    • @sirave6017
      @sirave6017 4 дня назад

      Hehehe, 'the house' definitely came up with that quote.

  • @euclidmegara4120
    @euclidmegara4120 7 дней назад

    This is not strictly true: many lotteries give you an annuity that will pay out over many years. In the US there are multi-state lotteries with multi-million dollar payouts (Power Ball is one), payouts that well exceed the price of all the tickets sold! If you bought all possible ticket you would be garonteed to win. If someone else also picked the winning numbers, then you would have to split the winnings, but if not you would win much more than you paid for the tickets! This isn’t an infinite money glitch because practically speaking it isn't possible to buy all possible tickets without an army of people coordinating on it.

  • @TheJustinator
    @TheJustinator 3 года назад +3

    What is the formula?

    • @KnowArt
      @KnowArt  3 года назад +2

      Depends on the lottery in question. But in general I would guess income - (expenses + profit) = prize

    • @KnowArt
      @KnowArt  3 года назад +2

      But really 60% of the ticket sales as a prize is being generous to lotteries. Often it's worse. They are tax on stupid and desperate people.

  • @goblin2167
    @goblin2167 2 месяца назад

    so we should each buy only 1 lottery ticket in our whole life time

  • @DaveThomas123
    @DaveThomas123 3 года назад

    Exquisite

    • @KnowArt
      @KnowArt  3 года назад +1

      That's such a tasty word. Thanks, can I keep it?

    • @BurningGreenFace
      @BurningGreenFace 7 месяцев назад

      @@KnowArtyup u can