The Mathematical Loophole that Broke the Lottery

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Komente

  • Samar Mohan
    Samar MohanDitë më parë

    actually stop, now im getting lottery ads. 🤣🤣

  • Aesthetic Pastel
    Aesthetic PastelDitë më parë

    *slowly writes down notes*

  • Nigel Diones
    Nigel DionesDitë më parë

    Isn't the winnings taxed though?

  • C List
    C List5 ditë më parë

    ALthe recommended this nonsense to me ?

  • TZFC
    TZFC5 ditë më parë

    Thats a lot of double countings in the calculation, but I think it wont make too much of a difference in this case.

  • Thomas Lodi
    Thomas Lodi5 ditë më parë

    Just bought a pair of Raycons!

  • Sion's Media
    Sion's Media5 ditë më parë

    Thank you for another great vide mr Hot Dog Tuxedo Boy.

  • Abhijit Biswas
    Abhijit Biswas6 ditë më parë

    That is not even math 😂😂😂

  • Blaze
    Blaze7 ditë më parë

    but i you have 5 matched numbers the prize from 4, 3, 2 you will not get

  • toggle beam
    toggle beam7 ditë më parë

    is that how mr beast got rich?

  • Shen Yang
    Shen Yang8 ditë më parë

    And after tax the prize is $50

  • Zane Anderman
    Zane Anderman8 ditë më parë

    Near the beginning you mention a lottery system where the jackpot increases until someone wins it. Someone else used this to their advantage, basically buying out the entire lottery until they got the jackpot

  • Paul Boughton
    Paul Boughton9 ditë më parë

    It's never lupus

  • Dat_Is_Stupid
    Dat_Is_Stupid9 ditë më parë

    50/50 chance No, its not Its more like 51/49 for tails/heads

  • MADISON POOLE
    MADISON POOLE9 ditë më parë

    “American states have a god given right to repeat the mistakes of other American states” I literally had to pause the video so I can laugh for who knows how long

  • Zach Pangus
    Zach Pangus10 ditë më parë

    MiT students were doing it too. They ended up rotating out who played what jackpot

  • Zach Pangus
    Zach Pangus10 ditë më parë

    Read thia story back in the day. Started in different state. That specific game ended in his state so he went states away to massachusetts.

  • Uni101
    Uni10110 ditë më parë

    Surely if you've already taken into account the tickets where 5 numbers match you wouldn't put them in the category for if 4 numbers match? Just like probbilities with or without replacement. You did with? Which isn't realistic? Or did i follow on wrong?

  • Alexander Misyurina
    Alexander Misyurina11 ditë më parë

    I just wonder, how the heck is it 1 in 39,028? Even if numbers can't repeat and you can permutate them, it's still 46!/41! which is, according to my calc, 164,490,480.07034. If the numbers can't repeat, but should stay at the exact places, then it's 1 in 46*45*44*43*42, which is 1 in 164,490,480 (not 1 in 39,028). You've probably done a bad job explaining the lottery, but I still can't even come up whith how it can be 39,028. Correct me please of I'm stupid

  • WhereIsSandwich
    WhereIsSandwich11 ditë më parë

    Has anyone seen my sandwich?

  • Bill Sells
    Bill Sells11 ditë më parë

    21% return with 80% taxes. How is this a win?

  • Hand Meover
    Hand Meover12 ditë më parë

    *"WRONG WRONG WRONG"!* If you DONT hit,, they taKe your bet!!! In time you have *NOTHING* MORE TO BET!! And if you WiN,, they *TaX* that mfKr!! Every gambling establishment is set up that way. Stupid as heLL to believe otherwise!!! 🤬😵🙄🤔😫😱

  • erroneum
    erroneum12 ditë më parë

    I was tricked; the math was not only pretty easy to understand, but also not particularly much of it. I guess that means it's time for a 3Blue1Brown video.

  • Santa
    Santa13 ditë më parë

    I was going to study but this seems important

  • L. N. Kovács
    L. N. Kovács13 ditë më parë

    1 minute trying-to-be-funny intro..... yawn.... Also millions if non-americans watch vids like this who cant relate to your "prom stories" and what not US thighs.... stick to the point man!

  • Chin Jun Si
    Chin Jun Si13 ditë më parë

    Dream: are you really lucky?

  • Aaron Jett
    Aaron Jett13 ditë më parë

    Did you use the numbers without replacement or could the 5/6 odds tickets also win the 4/6 and 3/6 odds winnings?

  • Uriah G
    Uriah G13 ditë më parë

    damn... this guy was spying on my 11th grade prom

  • Guard your Heart
    Guard your Heart14 ditë më parë

    I heard raycons actually suck

  • Ricky D
    Ricky D14 ditë më parë

    So how much did that couple make

  • Landry Inman
    Landry Inman14 ditë më parë

    Umm I think you forgot to figure in the amount of taxes you'd have to pay on all those winnings?

  • Kevin M.
    Kevin M.14 ditë më parë

    Math is useful in every single conversation and process, and forms the foundation of logical thought. It’s just that people don’t realize that they’re using it. Look at the nonsense that’s going on right now where most people can’t even figure out what safety precautions to take from CV19, and they’re waiting around to be told, and making poor decisions, and needing the Gov’t to tell them if masks work or not, etc. That’s poor ability to engage in logical thought - math trains logical thought - metaphorically, it’s like weightlifting for the brain.

  • Ian Watabe
    Ian Watabe14 ditë më parë

    Wouldn’t you have to subtract the expected value of getting 5/6 from the total before calculating for the 4/6 and so on?

  • Boo Jay
    Boo Jay14 ditë më parë

    the issue with this is if you buy 200,000 tickets and someone wins the jackpot that week there for the $2,000,000 isn't distributed and you lose over $300,000 LOL, they got lucky

  • zak khan
    zak khan14 ditë më parë

    The maths is wrong. For example, If you’re expected to get 250 out of the 200000 tickets then for the next calculation you will have 199750 tickets and not 200000.

  • Jonah Poole
    Jonah Poole14 ditë më parë

    Then taxes take 30%

  • pooper dooper
    pooper dooper15 ditë më parë

    Nice math, hot dog tuxedo boy

  • Kyle Ng
    Kyle Ng15 ditë më parë

    That's not the proper math. You're essentially double counting some tickets since any ticket that has 5/6 also has 4/6 and so on. You need the probability for exactly 4/6 and exactly 3/6 etc. Otherwise you'll be inflating the expected value.

  • Conor Utterback
    Conor Utterback15 ditë më parë

    Hey hotdog tuxedo boy

  • Rory MacLellan
    Rory MacLellan15 ditë më parë

    I'm a little confused about the expected value calculation. - A 5/6 win on a ticket would make that ticket ineligible to ALSO WIN on 4/6, 3/6 and 2/6 - Same with 4/6 tickets ineligible to also win 3/6, 2/6 and 3/6 tickets ineligible to also win 2/6 Why then would the expected value be calculated with the entirety of your 200,000 tickets each time? If we calculate these independently and then sum them to get a total expected value, haven't we double-counted the expected value of some tickets along the way? I'm unsure how big a difference that makes.

  • rbfreitas
    rbfreitas15 ditë më parë

    Great video

  • Robert Marlowe
    Robert Marlowe15 ditë më parë

    The only people able to exploit this loophole are already rich enough to buy milions of tickets to begin with. There's probably a better thing to invest millions of your dollars in I think.

  • Todd Bellows
    Todd Bellows15 ditë më parë

    $58,000 worth of lottery tickets equals zero.

  • Todd Bellows
    Todd Bellows15 ditë më parë

    Get on with the video and quit the lame "comedy".

  • Midsix9091
    Midsix909115 ditë më parë

    Correct me if I’m wrong, but wouldn’t the expected value be lower because for every ticket you bought you can only win one prize meaning you’d have to subtract the number of winning tickets from the original 200,000 tickets bringing your overall expected value down because there are less tickets to win smaller prizes with?

  • scalpingsnake
    scalpingsnake15 ditë më parë

    Did they keep the money? Is this illegal? Seems like they should have got away with it when it's the states fault for not realising it.

  • Gordon Brinton
    Gordon Brinton15 ditë më parë

    Hold on there, Jasper. You're forgetting the fact that if multiple people win with the same numbers, they share the prizes, which reduces your take.

  • Nic Cardiff

    Nic Cardiff

    11 ditë më parë

    Also....taxes

  • Jack Linde

    Jack Linde

    13 ditë më parë

    Well, sort of. The top prize is always split among winners, and sometimes the runner up works that way. But a lot of them don't. And the lower prizes, like the three and four ball winners get paid from a different pool that doesn't require splitting of such small prizes.

  • Nick Kayfabe

    Nick Kayfabe

    13 ditë më parë

    HOLD IT! They’re likely married, so that means that they would likely use both of their gains together, which not only gets rid of the problem you proposed, but also means that one of them can tell the other if something is a bad idea!

  • TofuDaTurtle
    TofuDaTurtle15 ditë më parë

    Oh so that's why they say one entry per household

  • TofuDaTurtle
    TofuDaTurtle15 ditë më parë

    "fatigue, tiredness" [Looks at clock saying 11:45 PM] Eh.

  • Futuristic
    Futuristic15 ditë më parë

    I mean then there is tax...

  • Malcolm Deavin
    Malcolm Deavin15 ditë më parë

    Way too much waffle and cheap gags. Just get to the point.

  • Ballistix Snail
    Ballistix Snail15 ditë më parë

    I did not understand the math.

  • joona salmi
    joona salmi15 ditë më parë

    You Wanna talk about that tuxedo hot dog thing?

  • Livi 120
    Livi 12015 ditë më parë

    5:18 the graphic doesn't match the audio

  • holy stromboli
    holy stromboli15 ditë më parë

    but you forgot to factor in what happens if someone else wins the jackpot - you don't get as much payout for all the other lower tiers and you would have still spent the 400k. All lotteries are still stacked in the house's favor

  • Roj Yambao
    Roj Yambao16 ditë më parë

    Me being grade 4 and not understanding anything

  • youssef othmani
    youssef othmani16 ditë më parë

    They didn’t break it the simply won the lottery. Your math skills are as poor as your metaphors. Make it short

  • Schismatic
    Schismatic16 ditë më parë

    It's never lupus.

  • Juan José Peñaranda
    Juan José Peñaranda16 ditë më parë

    "If not, then this video will make as much sense as the relationship between Elon Musk and Grimes" 😂😂😂😂 the jokes are on point!

  • raysteal3
    raysteal316 ditë më parë

    So they win the lottery because they have the raycon earbuds ?

  • Neil Anderson
    Neil Anderson16 ditë më parë

    People in the comments complaining that we should have learned how to do taxes in school, but what we really should be calling for is for the government to just do our taxes for us, like it has the capability to do

  • stuff n' stuff
    stuff n' stuff16 ditë më parë

    The return rate is lower because you need to remove the tickets that were winners

  • Christian Prepper
    Christian Prepper16 ditë më parë

    1:45 *Sex. It's not hard to understand.*

  • Stephen Smith
    Stephen Smith16 ditë më parë

    And just like the fire nation invading, everything changed

  • Slow Flight
    Slow Flight16 ditë më parë

    "Lots of math" *basic arithmetic* "The ACTUAL numbers" "To make the math pretty,..."

  • Nicolas Mesa
    Nicolas Mesa16 ditë më parë

    I didn't get the math, for the 5/6 chance of winning you have 200.000 tickets but for the 4/6 you have to subtract the tickets that already got 5/6 so the number should be lower, am I correct?

  • Harry S
    Harry S16 ditë më parë

    Sort of like making money on throwing a stupid video on ALthe . (enough viewers will make the same mistake a nd by habit (chance) watch the stupid video and 'on a long shot' buy some crap shoot (crappy shit)

  • Foreflash
    Foreflash16 ditë më parë

    'It's never lupus'

  • Supreme
    Supreme16 ditë më parë

    What about taxes..

  • Concerned Commenter
    Concerned Commenter16 ditë më parë

    For video essays at least he doesnt talk 0.5 mph and is mildly funny

  • Jeremy Long
    Jeremy Long16 ditë më parë

    .......Hot dog tuxedo boy.... for reals???

  • Baum Dings
    Baum Dings16 ditë më parë

    I actually sneezed right now 😧

  • i Typed My Name Here
    i Typed My Name Here16 ditë më parë

    Great technique to get folks to watch the entire vid. You prep’d us for an insane amount of math then showed a regular amount. Nice!

  • Jochen Schuller
    Jochen Schuller16 ditë më parë

    I have the feeling, that you think 'expected value' has something to do with monetary value because everytime you use the term, you show some amount of expected money won. But the word value in stochastics just refers to a number, like in "what is the value of x".

  • Keith Guy
    Keith Guy16 ditë më parë

    My luck is so awesome that if there are 10 tickets and 1 one them is winning and if I bought 9 of them then the 1 which is left will be the winning lottery

  • CuencaGuy
    CuencaGuy16 ditë më parë

    Trying way too hard to be funny. This video really was half as interesting as I expected and much less than it could have been. Maybe that's the bit?

  • Fabian Völkel
    Fabian Völkel16 ditë më parë

    Still waiting for this insane amount of math, that was promised to me

  • ian greene
    ian greene16 ditë më parë

    The expected value of one ticket will be higher then the cost for this game. Buying large quantities only increases your bottom line, buying as much as 1000 tickets should ensure a profit. However, It is doubtful that this was not done on purpose. Having worked at a convenience store I know first hand what a terrible addiction this can be for some people. people who actually win just pour it all back in. People who cannot afford a car or the insurance but dropping 100 dollars on worthless slips of paper. One lady nice as can be swore she knew the secret to which ones would pay off but at 60 she was still still dumping obscene amounts of cash on trash before crossing the street to go to work an entry-level job at a supermarket. Letting people make money only gives them justification continue and get addicted. I wonder what the future value of all the suckers that got hooked when there was an roi.

  • GamingPasta
    GamingPasta16 ditë më parë

    I used math like this on Csgo websites

  • deepak sivakumar
    deepak sivakumar16 ditë më parë

    I am subscribing in the hopes of hearing more about fire nation

  • Clint Flippo
    Clint Flippo16 ditë më parë

    This assumes that every ticket that hits 5 numbers also wins the prizes for hitting 4, 3, and 2 and so on down, wouldnt you have to remove the higher winning tickets from the lower winning tickets odds. "5 tickets of 200k should hit five out six numbers...800 out of 199,995 tickets should hit 4 out 6 numbers....

  • Alex Ski
    Alex Ski16 ditë më parë

    I was not expecting that Elon and grimes joke but it SENT ME

  • Steven Banks
    Steven Banks16 ditë më parë

    The majority of Lotto winners do NOT make terrible financial decisions and go bankrupt.

  • A human H.Sapien
    A human H.Sapien16 ditë më parë

    You k bro

  • Stephen
    Stephen16 ditë më parë

    Getting Rey C0ns is a terrible mistake.

  • Joedy Skrobak
    Joedy Skrobak16 ditë më parë

    Agh, I got lupus from watching this!

  • Diimensional
    Diimensional16 ditë më parë

    Flipping a coin is actually 51\49

  • dude yoo
    dude yoo16 ditë më parë

    Love the content, your logo just looks too history Channel-ish :)

  • Daikan Sanchez
    Daikan Sanchez16 ditë më parë

    The issue here is: did those guys play the same numbers every time? Or did they try and guess the numbers every time?

  • Kristen Mork
    Kristen Mork16 ditë më parë

    You skipped the part of the story where complicated algorithms were developed to ensure an even spread of ticket numbers, such that one wasn't relying on the odds. I.e., you can drive the actual winnings to be very close to the expected winnings. When the variance drops far enough, every time you play, you win.

  • Minehunter Playz
    Minehunter Playz17 ditë më parë

    I had a stroke while listening to the math part

  • Michael Friedline
    Michael Friedline17 ditë më parë

    A couple years ago the Pennsylvania Lottery introduced keno with various buy one get one free promotions. I was in charge of running the machine most of the time and I did the math for every promotion. I stopped keeping track of my winnings vs losses after I was ahead a couple thousand dollars. I couldn't believe how long they let that go on

  • Alvi Good
    Alvi Good17 ditë më parë

    What I don't get is, how the lottery did make money in the first place. Because the more lottery tickets will be sold, the more they lose money.

  • Alvi Good

    Alvi Good

    16 ditë më parë

    @Jenny yeah, I guess.

  • Jenny

    Jenny

    16 ditë më parë

    yeah I'm a bit confused - is this just saying that the lottery actually made a net loss?

  • XRAYRON
    XRAYRON17 ditë më parë

    I wanna know how long it took to fill out and purchase/print/check all those tickets 🤣

  • Sam04019491 Sam04019491
    Sam04019491 Sam0401949117 ditë më parë

    This video could have been 3 minutes shorter.

  • Batlas
    Batlas17 ditë më parë

    I feel personally attacked. All 3 states listed are the 3 states I moved too. lol though, admittedly, I don't get the reference.

  • Faizulla Khan
    Faizulla Khan17 ditë më parë

    Lotteries have to be winnable, otherwise people stop playing.

  • TheMackIsWack
    TheMackIsWack17 ditë më parë

    It’s always Lupus

  • Tech9 Auto
    Tech9 Auto17 ditë më parë

    Who has 400 000 to start trying to break the lotto ?

  • Note
    Note17 ditë më parë

    "The older you got, The wiser you are"

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