The Mathematical Loophole that Broke the Lottery

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  • Опубліковано 9 лип 2020
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КОМЕНТАРІ • 3,4 тис.

  • @Mrwiseguy101690
    @Mrwiseguy101690 3 роки тому +10052

    "Insane amount of math"
    Does only multiplication and division

    • @jorisressing3626
      @jorisressing3626 3 роки тому +238

      @@davehart7943 but even that way it was not a lot, also any mathematical calculation can just be broken done into adding or subtracting things. So in that sense more complicated math just is more math

    • @jorisressing3626
      @jorisressing3626 3 роки тому +19

      @@RoeiCohen that is some hogh level not picking right there

    • @godlyvex5543
      @godlyvex5543 3 роки тому +90

      @@davehart7943 yeah but who really cares whatsoever if it's just multiplication and division, that isn't gonna hurt anyone's head. He implied that the math he was gonna do was gonna give people headaches.

    • @biggiebigs8071
      @biggiebigs8071 3 роки тому +8

      @@RoeiCohen Damn u tried nitpicking yet ended up saying bs

    • @startube3629
      @startube3629 3 роки тому +39

      @@jorisressing3626 All math can be reduced to counting up and down on your fingers. still hurts my head when I go over 10 though. /s

  • @cedrick2537
    @cedrick2537 4 роки тому +9310

    The "H" in his logo actually has been standing for "Hot Dog Tuxedo Boy" this whole time

  • @TheTortuga58
    @TheTortuga58 3 роки тому +2167

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

    • @aloysiuskurnia7643
      @aloysiuskurnia7643 3 роки тому +54

      As a mathematician, I admit actual numbers scares me, let alone numbers that big
      I'd be more comfortable working in variables

    • @wattleproductions8026
      @wattleproductions8026 2 роки тому +41

      @@aloysiuskurnia7643 there is no way you are a mathematician 😂

    • @amark57
      @amark57 2 роки тому +24

      The actual numbers was the lottery jackpot/winnings. The pretty numbers were how many tickets were purchased in the example.

    • @janys6502
      @janys6502 2 роки тому +8

      Big numbers are annoying
      Big number of big numbers- big annoyance
      Jokes asides yes, harder math is around variables

    • @elosant2061
      @elosant2061 2 роки тому +27

      @@wattleproductions8026 I'm doing a mathematics degree and I hate numbers, its not what you think it is.

  • @juanpls3856
    @juanpls3856 3 роки тому +339

    It seems that the lottery was already broken when they came, they just took the money

    • @somethingelse9228
      @somethingelse9228 3 роки тому +6

      I mean, isn't that what "hacking" that has been described in this video is all about? You can't create new rules to always win but you can find loopholes that the actual creator failed to catch to make money

    • @grahamthompson5581
      @grahamthompson5581 3 роки тому +17

      Yeah, either I'm missing something, or their strategy was 'buy lots of tickets on a rollover week, because the lottery pays out 30% more than it takes in on those weeks.'

    • @ca-ke9493
      @ca-ke9493 2 роки тому +5

      @@SgvSth this article explains it so much better. Basically all they did was speculate when a rollover occured and buy tickets then because the rollover made the expected value of the returns on a ticket higher than the ticket itself. In order to beat other teams, this MIT team even triggered a rollover earlier than expected with their bulk buying of tickets.

    • @VancouverDave
      @VancouverDave 2 роки тому

      @@grahamthompson5581 this

    • @slice6298
      @slice6298 2 роки тому +2

      @@somethingelse9228 these aren't even loopholes
      It's just called: playing the game

  • @superdestrier9160
    @superdestrier9160 4 роки тому +21444

    This guy is getting lots of sponsorships, I can tell because his stock footage is getting much more high quality.

    • @muhamadirham1494
      @muhamadirham1494 4 роки тому +115

      Don't get it please explain

    • @dominicbruce7558
      @dominicbruce7558 4 роки тому +442

      Muhamad Irham he uses so many stock videos which costs money

    • @ce3jay196
      @ce3jay196 4 роки тому +709

      @@muhamadirham1494 basically he has the footage of random people doing stuff in his vids for example the maths guy at the beginning, this is known as stock footage. This is normal owned by a website that charges people for the use of the stock footage. And the better quality the more expensive it is.

    • @muhamadirham1494
      @muhamadirham1494 4 роки тому +137

      @@ce3jay196 now I get it thank you very much

    • @ce3jay196
      @ce3jay196 4 роки тому +63

      @@muhamadirham1494 all good 👍

  • @Metonymy1979
    @Metonymy1979 3 роки тому +8604

    My grandpa played lotto for decades. He literally had books and books of numbers thinking he could find a pattern and then win all the time.
    He never won.

    • @Ozymandias1
      @Ozymandias1 3 роки тому +685

      I only won a lottery once. I lost the ticket. It wasn't that much tho, 40 euros.

    • @dumbleking5172
      @dumbleking5172 3 роки тому +62

      Scientific observation.

    • @smh1245
      @smh1245 3 роки тому +329

      Isn't it random? Why would there be a pattern?

    • @BohdanMelnychuk
      @BohdanMelnychuk 3 роки тому +95

      My mom once won 5UAH, approximately 1USD at that time xD

    • @NightcorEDM
      @NightcorEDM 3 роки тому +38

      That's not how luck works

  • @zobiah6263
    @zobiah6263 3 роки тому +45

    When you go down to calculating the number of tickets that are expected to have 4 match, you don’t count all 200,000 that you bought. You have to subtract the amount that were 6/6, and 5/6. They don’t get to count again

  • @RawDepth
    @RawDepth 3 роки тому +841

    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.

    • @nickkayfabe6147
      @nickkayfabe6147 3 роки тому +55

      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!

    • @jackielinde7568
      @jackielinde7568 3 роки тому +79

      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.

    • @brokenglasseso3
      @brokenglasseso3 3 роки тому +67

      Also....taxes

    • @freshrockpapa-e7799
      @freshrockpapa-e7799 2 роки тому +36

      @@brokenglasseso3 this, there's no way this is real. They would need a return of more than 50% before actually getting a profit if accounting for taxes

    • @soyalguien335yt4
      @soyalguien335yt4 2 роки тому

      The odds of that is (kinda number of people playing) in 9.3mil, most people decide to buy balls with birthdays and that stuff son numbers above 30 are used less, so if 100000K people buyd the lottery and you havent chosen obvious numbers the odds of someone getting dame numbers is around 1 in 100 and way smaller for more than one, making the estimated value go down around 0.5%

  • @Iokser
    @Iokser 4 роки тому +2037

    Side effects: Lupus?
    Nah, it can't be. It's never lupus.

    • @lonestarr1490
      @lonestarr1490 4 роки тому +46

      Well, the expected value of it being lupus ain't zero.

    • @chernobyl13
      @chernobyl13 4 роки тому +61

      It's never lupus, except for the one time that it was. But only that one time.

    • @AxxLAfriku
      @AxxLAfriku 4 роки тому

      KAKAKAKAKAKAK this is wonderful! PRANK! It is terrible! I looked in the mirror and saw something UNPRETTY: my face. KAKAKAKAKAKA! But I am happy agayn because I have TWO HOT GIRLFRIENDS and I use them to get views on my videos! KAKAKAKAK!!! Good day, dear lokser

    • @Banom7a
      @Banom7a 4 роки тому +1

      funny thing, in malay, Lupus mean dispose

    • @kribbledibble3291
      @kribbledibble3291 4 роки тому +6

      AxxL the lokser is you

  • @saadamansayyed
    @saadamansayyed 4 роки тому +814

    This guy was obsessed with planes, trains, and now, he's with the lottery.

  • @kcnl2522
    @kcnl2522 3 роки тому +32

    The grandpa buying thousands of lottery tickets sounds like the dude from the math books.

  • @MrsajasPT
    @MrsajasPT 2 роки тому +6

    There's a movie coming out in less than a month based on this story starring with Bryan Cranston called Jerry & Marge Go Large

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 4 роки тому +937

    “No great mind has ever existed without a touch of madness.”
    ― Aristotle

    • @fauxhound5061
      @fauxhound5061 4 роки тому +14

      Arse-total

    • @briandoolittle3422
      @briandoolittle3422 4 роки тому +8

      I guess that qualifies me as a great mind!

    • @enchant1651
      @enchant1651 4 роки тому +2

      Name one genius that ain’t crazy - Kanye

    • @firstnamethenameafterthefi5687
      @firstnamethenameafterthefi5687 4 роки тому +2

      @@briandoolittle3422 uhhh, even though its a joke.
      "Every great mind has a touch of madness" doesnt mean that un-great minds cant have a touch of madness.
      mAyBE eVerYOne Is CRAZY

    • @blueeye2281
      @blueeye2281 4 роки тому

      Arrrrrrrghhhhhh
      You are also here¿

  • @mimikal7548
    @mimikal7548 3 роки тому +1870

    Actually the jackpot case is different because if you win the jackpot then the lower prizes will not get the rolldown so the actual expected value is probably a few percent lower than what the video says.

    • @martinarbe1
      @martinarbe1 3 роки тому +102

      Very true, economist here

    • @andriyshapovalov8886
      @andriyshapovalov8886 3 роки тому +8

      Interesting

    • @intrepidpursuit
      @intrepidpursuit 3 роки тому +51

      That would be the case all the way down if I understand it correctly.

    • @garretth1863
      @garretth1863 3 роки тому +73

      But the jackpot is 2 million dollars so whether or not you get the rolldown you still make bank 2:48

    • @highpath4776
      @highpath4776 3 роки тому +18

      @@martinarbe1 Does it not depend on the actual rules of the specific lottery. Normally indeed prizes are distributed Win Amount ( as a percent of total ticket prices bought ) to Win Tickets in proportion. So say a 10% division across Winning Number/s is divided to those winning tickets, which might be one ticket, 400 tickets , 4000 tickets or whatever. The problem for the operator is offering a FIXED amount of Win Prize per winning ticket.

  • @willrogers57
    @willrogers57 3 роки тому +13

    I remember reading about this quite some time ago. This was an excellent, easy to understand explanation, well done!

  • @ejreob
    @ejreob 3 роки тому +11

    The insight people really need to take away from this is that once the rollover reached a certain size ALL lottery tickets had an expected value of more than their cost. Buying lots of tickets didn't increase the expected value but it did make making money off it practical.

  • @vrind2705
    @vrind2705 4 роки тому +360

    The Grandparents to their Grandchildren:
    *Do your maths and you can break the lottery just like us*

    • @sakinano99
      @sakinano99 3 роки тому

      found the brit

    • @vrind2705
      @vrind2705 3 роки тому

      @@sakinano99 I am not british

    • @Franktanker0
      @Franktanker0 3 роки тому

      He, like me, is probably American, and in America we say Math, not Maths, and I have no preference to either because they mean the same thing, but most Americans, when they hear anything to do with the metric system, or the word maths, think of Britain, or England, not, literally all but one other country in the world. (Edit, fixed comma placement)

    • @vrind2705
      @vrind2705 3 роки тому +2

      @@Franktanker0 I'm from Singapore

    • @dorycarol3170
      @dorycarol3170 3 роки тому +2

      @@vrind2705
      opponents demolished
      Oof size: large

  • @DansHobbies
    @DansHobbies 4 роки тому +907

    mistakes in the math:
    1) counted the 3/6 & 4/6 and ... added them all together which means a 5/6 would also count as a 4/6 and a 3/6. Basically double counting - need to use the "Inclusion-exclusion principle" .
    2) in the 2/6 the tickets you would get (from what i understood) would be used in a later prize pool which has a good probability to be lower. which means that their value would decrease.
    3) and lastly the amount of time it would take to fill out all those form would be insane!!! if it would take 5 seconds to fill a form, which I doubt, it would take 1,000,000 seconds (5x200,000) which is 277 hours. A average work week is 40 hours therefor it would take almost 7 work weeks to fill out those forms. Average salary in the US is 52,000$ a year which is about 1,000$ a week. so add another 7,000$ dollars to the cost of filling out the forms.
    sorry for the long comment!

    • @wigglebot2368
      @wigglebot2368 4 роки тому +7

      True

    • @KamiInValhalla
      @KamiInValhalla 4 роки тому +158

      They are grandparents. Most likely have all the free time they need.

    • @talaridharani8046
      @talaridharani8046 4 роки тому +81

      We have now computer programs which can fill millions in seconds

    • @florianoberender730
      @florianoberender730 4 роки тому +65

      4) You can choose the numbers you pick more carefully to get higher chances of getting 2, 3, 4 or 5 matching numbers. How to do it in the best way is actually an open problem, but I'm sure that you can optimize it a bit. So the actual expected value could be higher

    • @cardsharkz485
      @cardsharkz485 4 роки тому +80

      @@flowerwithamachinegun2692 You sir obviously know nothing about statistics

  • @MiMayonGo
    @MiMayonGo Рік тому +4

    Alternate timeline where Walter White was a mathematician.

  • @heidibarker9550
    @heidibarker9550 3 роки тому +337

    I wish school taught us how to file taxes and have a mandatory class for actual life skills

    • @badlydrawnturtle8484
      @badlydrawnturtle8484 3 роки тому +14

      I had a financial literacy class in high school. I went to a weird school, but still, they exist.

    • @Grivian
      @Grivian 3 роки тому +18

      Like what? What do you need to know? Filing taxes isn't hard. What we learn is useful for many reasons, one of the more underrated reasons is to improve our learning ability.

    • @MohammadIbrahim-sq1xn
      @MohammadIbrahim-sq1xn 3 роки тому +22

      Bruh taxes are simple percentage elementary school maths if you only had paid some attention rather than thinking miscellaneous

    • @code5829
      @code5829 3 роки тому +3

      Learn it yourself. Better than school

    • @Whofuckencares808
      @Whofuckencares808 3 роки тому +17

      Bro grow up. Most kids whine about this. Most of y'all would probably be on your phones in class. 🙄

  • @samiularko
    @samiularko 4 роки тому +1643

    So you two gramps are cons?
    - "Yep"
    What do you do?
    - "Rob lotteries"
    Where are your guns?
    - *whips out calculator* "Right here"

    • @milehighstadium06
      @milehighstadium06 3 роки тому +14

      Only funny comment here.

    • @No-yr9rs
      @No-yr9rs 3 роки тому +3

      @@milehighstadium06
      I agree

    • @No-yr9rs
      @No-yr9rs 3 роки тому +5

      Take my like to go higher in the comments

    • @PrivateMcPrivate
      @PrivateMcPrivate 3 роки тому +1

      Haha legal robbing goes brrrrr

  • @cedricye1767
    @cedricye1767 4 роки тому +297

    There is 1 thing I learned from the video:
    Sam likes stealing hot dogs

    • @ruegables5322
      @ruegables5322 4 роки тому +6

      so *basically* this was just:
      (Relatable teen memes) +
      *1. Lottery made it easy to win, lots, very often, and you could check with basic statistics.*
      2. *Already-Wealthy* American bought $XX,000,000 of them to amass a fortune. Buy *earplugs.*

    • @drogenfeld
      @drogenfeld 3 роки тому

      @@ruegables5322 Or in other words: bad.

  • @carsongbaker
    @carsongbaker 3 роки тому +109

    Hold up their only crime was buying lots of tickets. That means anyone playing would have the same odds. So they did nothing special they just bought tickets.

    • @matthewchacon2625
      @matthewchacon2625 2 роки тому +7

      That’s half as interesting

    • @rpe
      @rpe 2 роки тому +4

      who tf said that it was a crime? you look like a discord mod in your pfp

    • @sevensouls009
      @sevensouls009 2 роки тому +4

      @@rpe That is the worst insult in the history of mankind, I here by arrest you for violating the 31st human right that I totally didn’t just make up, the Discord Mod right, where all human beings have the right to no be called a discord mod with the exception of people named John.

    • @rpe
      @rpe 2 роки тому

      @@sevensouls009 xDD

    • @sammygg21
      @sammygg21 2 роки тому

      @@rpe I wouldn't want to be tending to the lotto register seeing them walk in. That's for sure.

  • @minihamSC2
    @minihamSC2 3 роки тому +9

    It is important to mention that the overall expected return of the lottery was significantly less than one. The important part that he glances over is the two million figure he briefly mentions. The "winfall" only happened when that week the total prize rose above two million. So it was only profitable on the weeks where the winfall condition would take effect. Otherwise you would just be feeding the pool. There were groups that would put enough money in to unexpectedly bring the total prize pool over two million by buying hundreds of thousands of tickets, in order to get a larger share of the two million that was built up over previous weeks. The video makes it sound like the state was losing money, which was not the case at all. When mega millions rises high enough it is the same thing, where your expected value increases over time when there aren't any winners to the point where it may become above 1. Is it really a loop hole to buy more tickets when the prizes are higher?

  • @The5lacker
    @The5lacker 3 роки тому +4758

    "American states have a god-given right to repeat the mistakes of other American states" sure has been our motto these last few months, hasn't it?

    • @bosoerjadi2838
      @bosoerjadi2838 3 роки тому +72

      The entire video has been a build-up just so he could make that statement at the end.

    • @DeathnoteBB
      @DeathnoteBB 3 роки тому +16

      Months?

    • @Freak80MC
      @Freak80MC 3 роки тому +35

      All the other states not learning from NY and now Florida has more active cases of covid by like 45,000 more active cases than NY had at it's peak... Which was the highest beforehand. Yikes.

    • @michaelmodernsonicfan5341
      @michaelmodernsonicfan5341 3 роки тому +12

      That was cringe bro

    • @intrepidpursuit
      @intrepidpursuit 3 роки тому +35

      @@Freak80MC But California is ahead of both and doesn't get mentioned... It is very annoying when it turns from being about facts to being political.

  • @no_one_of_interest
    @no_one_of_interest 4 роки тому +278

    His videos are turning into more of him self-deprecating himself than the actual topic

    • @illusionfaderr5394
      @illusionfaderr5394 3 роки тому +3

      I’m concerned cause his videos weren’t this way. Quarantine getting to his mental state?

    • @MrKJ444
      @MrKJ444 3 роки тому +2

      it's probably bc his Wendover Productions videos are always serious

  • @JoeR203
    @JoeR203 2 роки тому +30

    Back in the early 90s, the Connecticut lottery was $14 million. Probably the highest it's ever been. I had 5 of the 6 numbers. Thinking 5 numbers had to be good for at least a 6 digit payout, I was pretty upset when I learned that they have a set amount that gets shared with other winners who had 5 numbers. Want to know how many other people had 5 numbers? 180! Never before, and never since, have that many people had 5 numbers on one drawing. I check the payouts and you never see more than 7 winners having 5 numbers. And I'm sure there are more people playing these days, than in the 90s.

    • @abacusamateur5264
      @abacusamateur5264 Рік тому +2

      Maybe it's because people who play the lottery tend to pick some numbers more than others, and maybe there were 6 common numbers rolled, which led to an abnormal amount of people getting 5 numbers.

    • @dudu28r81
      @dudu28r81 Рік тому

      Cool but you should at least tell us how much you got in the end

    • @JoeR203
      @JoeR203 Рік тому +2

      @@dudu28r81 Not that it is anyone's business, but less than $3,000.

  • @itypedmynamehere1807
    @itypedmynamehere1807 3 роки тому +1

    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!

  • @vasilzahariev5741
    @vasilzahariev5741 4 роки тому +498

    So the couple didn't break the lottery, the lottery broke the lottery.

    • @waffles9771
      @waffles9771 3 роки тому

      eyy my first name sounds like yours but mine starts with B

    • @waffles9771
      @waffles9771 3 роки тому +2

      @ nah its Basel lol not Basil and no I aint.

    • @speednhazerecords5570
      @speednhazerecords5570 3 роки тому +1

      I dont get the video

    • @stevebabiak6997
      @stevebabiak6997 3 роки тому

      More like they made the lottery go broke ...

    • @drewp6698
      @drewp6698 3 роки тому +10

      That's what I was thinking. Wouldn't any state using this lottery system lose money every time the pot got big enough?

  • @chrisosborne4731
    @chrisosborne4731 3 роки тому +346

    I'd like to point out that the video fails to inform us that Selbee was not alone in investing his money in the lottery. Firstly, Selbee had already been buying lottery tickets for other lotteries with positive expected values before moving on to Cash Winfall in Michigan. Secondly, he was part of a 32 person betting group, so this wasn't just a story on "how two grandparents broke the lottery". Finally, they weren't the only notable group playing the lottery this way. There was an MIT group of about 50 people who used the strategy, going on to make a business out of it. Some biomedical researchers from Boston University got involved as well.
    If you liked the story in the video, I'd recommend reading "How Not to Be Wrong: The Power of Mathematical Thinking" by Jordan Ellenberg.

    • @fkcct6967
      @fkcct6967 3 роки тому +23

      thank you for actually explainimg it, this channel is so fruatrating because at the end of the video i have more questions than at the beginning because instead of finishing the video they have to be able to make a snarky transition to their ad read

    • @kathyl9222
      @kathyl9222 2 роки тому +2

      Selbee himself also has a graduate degree in math

    • @cmendoza1094
      @cmendoza1094 2 роки тому

      I like the fantasy better, plus it's just as believable. This is all High School level math and statistics here.

    • @steviesevieria1868
      @steviesevieria1868 Рік тому

      Jerry and Marge go large

  • @alexski2271
    @alexski2271 3 роки тому +45

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

  • @vardhmansoni1999
    @vardhmansoni1999 3 роки тому +8

    New startup idea : investors i need seed funding 😂 business model : buying tickets

  • @FingeringThings
    @FingeringThings 4 роки тому +591

    Lottery: Exists
    Mathematicians: It’s free real estate

    • @robertgc2889
      @robertgc2889 4 роки тому +3

      Fingering Things ✔️ you watch hai I thought you where stupid

    • @jaelpikner9872
      @jaelpikner9872 4 роки тому +21

      @@robertgc2889 Judging from the fact that you cannot spell, i think you might be the stupid one...

    • @YI-hf6tv
      @YI-hf6tv 4 роки тому +1

      hold the up

    • @officialmregghead750
      @officialmregghead750 4 роки тому +8

      Fingering Things ✔️ you’re never going to get verified even if you have thousands of subs, having a fake checkmark to fool people you’re verified? What’s wrong with you

    • @tinodethuong
      @tinodethuong 4 роки тому

      fake checkmark? bro, we're not stupid. there would be a gray backround and a white checkmark on your name. we are not that dumb.

  • @IsratJahan-ye7jm
    @IsratJahan-ye7jm 4 роки тому +524

    What was here?

    • @puellanivis
      @puellanivis 4 роки тому +38

      He only gets away with it, if we let him.

    • @helltubejackie1086
      @helltubejackie1086 4 роки тому +4

      @@puellanivis he wont

    • @maruftim
      @maruftim 4 роки тому +7

      No it totally isn't his childhood memory

    • @bizlypequeno8361
      @bizlypequeno8361 4 роки тому +4

      It was a hypothetical scenario

    • @inserttexthere1
      @inserttexthere1 4 роки тому +1

      We still love him
      And this was very supicoisly spesefic.

  • @JSG4361
    @JSG4361 Рік тому +3

    bryan cranston

  • @41linestreet
    @41linestreet 3 роки тому +6

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

  • @VaultBoy1300
    @VaultBoy1300 4 роки тому +137

    Haha let’s point and laugh at hot dog tuxedo boy 😂

    • @annihilator_ron7691
      @annihilator_ron7691 4 роки тому +3

      HAI is peter griffin

    • @grey3247
      @grey3247 4 роки тому +1

      Jahahahahah

    • @seneca983
      @seneca983 4 роки тому +4

      At least he's the *hot* dog tuxedo boy, not merely the dog tuxedo boy.

  • @psychiatry-is-eugenics
    @psychiatry-is-eugenics 4 роки тому +1073

    People seem to be ignoring the fact that they actually DID THIS for years and came out 26 million ahead

    • @AirLancer
      @AirLancer 3 роки тому +160

      To be fair, to make a scheme like this pan out you'd need tons of money beforehand to buy a lot of lottery tickets. The odds only even out once you can buy enough.

    • @clray123
      @clray123 3 роки тому +112

      @@AirLancer You can be sure that creditors will line up if your business consistently returns 21% every week (or however often that lottery was organized). The bigger question is, how the fuck did he manage to buy all those tickets without the organizers catching up. Or maybe it's just it took them years to change the stupid law (more likely).

    • @andriyshapovalov8886
      @andriyshapovalov8886 3 роки тому +31

      @@clray123 There was many friends and family involved....

    • @Lyrandar
      @Lyrandar 3 роки тому +18

      and they were already business owners too.

    • @factsoverfiction7826
      @factsoverfiction7826 3 роки тому +43

      @@Lyrandar Not just any business ... They owned a convenience store. May've used the biz to mask their purchases.

  • @bronsolo6941
    @bronsolo6941 3 роки тому

    I like math! I just stumbled onto your channel, will you have more like this to come?

  • @theshadow9238
    @theshadow9238 3 роки тому +2

    Lmfaooo the hot dog tuxedo boy story HAD ME ROLLING

  • @AntneeUK
    @AntneeUK 4 роки тому +127

    Says "$484,463.5", but has $484,206 on the screen. Meanwhile in my brain: "Cannot compute, malfunction, malfunction!"

  • @J0R1AN
    @J0R1AN 4 роки тому +394

    I think I spotted a slight error in your math: you used 200.000 tickets for all calculations, but if you won for example the 3 matching prize, you wouldn’t have a chance to also win the 2 matching prize with that same ticket. So the expected value will be a bit less.
    -I myself honestly don’t really want to do that correct math but maybe someone else does.- (you would need to calculate how many tickets win the 5 matching prize, and subtract that from the total in the next smaller calculation and that for all the numbers)
    Maybe this was just an oversimplification for the video, but you could have mentioned it. Anyway, keep up the great work

    • @PoprocksAndCoke777
      @PoprocksAndCoke777 4 роки тому +30

      I noticed the same thing, unless he already did the subtraction without stating so?

    • @VioletEnds
      @VioletEnds 4 роки тому +25

      @@PoprocksAndCoke777 I'm guessing this is the case. He probably just wanted to simplify it.

    • @emmanuelwestra6524
      @emmanuelwestra6524 4 роки тому +1

      @@VioletEnds Why? Give us the math!

    • @timtams_6
      @timtams_6 4 роки тому +18

      @@emmanuelwestra6524 you want lupus that badly?

    • @Tuerschutzverein
      @Tuerschutzverein 4 роки тому +3

      5 of 6 numbers correct: 1 in 39,028
      5.12 * 22,096$ = 110,480$
      new tickets: 200,000 - 5.12 = 199,994.88
      4 of 6 numbers correct: 1 in 800
      250 of 199,994.88 tickets qualify (exactly 249.9936)
      250 * 807.52$ = 201,880$
      new tickets: 199,994.88 - 250 = 199,744.88
      3 of 6 numbers correct: 1 in 47.4
      4,214 of 199,744.88 qualify
      4,214 * 26.85$ = 113,145.9$
      actual return 425,505.9$
      return in video: 425,640$
      video profit is 0.0003% more than correct
      i'm using "," for thousand and "." for decimal (US way, although i'm not from there)
      don't know if my calculations are correct, did them fast, errors could occur

  • @sunnymango5302
    @sunnymango5302 3 роки тому +9

    I’m more interested in the hot dog guy lol

  • @NB_703
    @NB_703 3 роки тому +31

    Here I am wondering if the “Lupus” was a reference to House.

  • @iniesta8856
    @iniesta8856 4 роки тому +201

    “Sire! The people are revolting!”
    Oh my, what do they want?
    “They want Bricks my lord... Bricks!”
    NEVER!

    • @nk6197
      @nk6197 4 роки тому +6

      T H I S N E E D S M O R E L I K E S
      so @Half as Interesting sees it

    • @seth5899
      @seth5899 4 роки тому +1

      Get this comment to the top

    • @Leekodot15
      @Leekodot15 4 роки тому +1

      Ermm... You could have said 0.5% of the population.
      Half of 1 is 0.5, or one... One half.
      Correct me if I'm wrong...
      *I dare you.*

    • @joy941
      @joy941 3 роки тому

      Iniesta 8 Lol, love that xd

  • @heatherlee4366
    @heatherlee4366 4 роки тому +84

    NO WAY!!! YOU'RE HOT DOG TUXEDO BOY!!?? Dude we have to reconnect!

  • @dextro6945
    @dextro6945 2 роки тому +21

    "Bonkers amount of math, srsly this math so hard hur dur"
    > 8th grade math barely qualifying as "statistics".

    • @the10ofdiamondscard
      @the10ofdiamondscard 2 роки тому +1

      actually you need a phd to understand :)

    • @justinwhite2725
      @justinwhite2725 2 роки тому

      That he doesn't even do correctly. He forgot to subtract the 5 number winners from the number of tickets for the 4 number winners, because you ant win both on the same ticket.

  • @xrayron9557
    @xrayron9557 3 роки тому +11

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

    • @yankees29
      @yankees29 2 роки тому

      They owned a convenience store. They had their own machine.

  • @Jxrdan_v
    @Jxrdan_v 4 роки тому +6

    0:23 GLIZZY GOBBLER

  • @OriginalPiMan
    @OriginalPiMan 4 роки тому +77

    I've thought about similar schemes with the lotteries in my area, and I'm pretty confident it wouldn't work.
    My understanding is that these lotteries don't award the full prize to every winning ticket; they split the prize between each winning ticket.
    So if I win the jackpot but so do two other people, then I only win a third of the jackpot.
    Might be fine though, because I don't know if it also works that way for lower division prizes.

    • @megarockman
      @megarockman 4 роки тому +6

      Breaking up the jackpot only happens with the very top prize

    • @sayamqazi
      @sayamqazi 4 роки тому

      @@megarockman to add to that it gets lesser and lesser likely for more and more peopole to win the highest jackpot.

    • @Leekodot15
      @Leekodot15 4 роки тому

      *EXPONENTIALLY* lower odds.
      We're talking about a 1 in (Jackpot odds to the power of however many people won the jackpot)

    • @andrewharbison720
      @andrewharbison720 3 роки тому +1

      @@kithraya7081 no. Your odds will always be the same based on how many tickets you have

  • @aaronjett6122
    @aaronjett6122 3 роки тому +4

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

  • @himanshugarg1882
    @himanshugarg1882 3 роки тому +5

    This is more like a commentary video rather than an infotainment video

  • @johnchessant3012
    @johnchessant3012 4 роки тому +459

    "American states have a god-given right to repeat the mistakes of other American states."

    • @meoswald9131
      @meoswald9131 4 роки тому +15

      Sir I had not heard or read better statement or description about US.

    • @Karen-pk3uv
      @Karen-pk3uv 4 роки тому +20

      Americans, as a rule, have far too much "your not the boss of me" along with the need to learn everything the hard way built into their identities. Lol

    • @lucasw7647
      @lucasw7647 3 роки тому

      But is he wrong?

    • @mikosoft
      @mikosoft 3 роки тому +4

      @@lucasw7647 ask the relatives of the coronavirus victims.

    • @lucasw7647
      @lucasw7647 3 роки тому

      mikosoft lol do the answer is no he’s not wrong

  • @tangeriine4715
    @tangeriine4715 4 роки тому +569

    Half as Interesting: like when the Fire Nation attacked...
    Me: *ah, a cultured man.*

    • @lucasw7647
      @lucasw7647 3 роки тому +4

      tangeriine ah I see ur a man of culture* (is this better?)

    • @SATEFAKAP
      @SATEFAKAP 3 роки тому +4

      but baa sing se still peaceful after fire nation attack

    • @leeroymlg4692
      @leeroymlg4692 3 роки тому +3

      Good show, over used meme

    • @SATEFAKAP
      @SATEFAKAP 3 роки тому

      @Gentcheeto at 2:59

    • @cupboard_admin954
      @cupboard_admin954 3 роки тому +1

      Wtf when I read this comment the part of the video formation played

  • @financiallybrodie6157
    @financiallybrodie6157 3 роки тому +7

    I really liked how you went in-depth! The explanation of a confusing story to make it in lay-mans terms was a great process.

  • @supier_men7522
    @supier_men7522 2 роки тому +4

    Sounds a lot like the new Paramount + movie Jerry and Marge Go Large

  • @BinkiklouGaminglol
    @BinkiklouGaminglol 4 роки тому +121

    The only loophole I know is in youtube that makes it possible for Half as Interesting to be popular with such bad jokes.

    • @aech7150
      @aech7150 4 роки тому +4

      Good try bro

    • @4ltrz555
      @4ltrz555 4 роки тому +2

      @@aech7150 he still has more likes than you

    • @aech7150
      @aech7150 4 роки тому +1

      @@4ltrz555 ya no i just finished the video this wasnt his best work lmao

  • @Spectre_110
    @Spectre_110 3 роки тому +438

    “You know what isn’t a mistake getting a pair of raycon earbuds” yes it is a mistake they are horrible for anybody who’s used either the base or “high quality” pair

    • @davitisahakyan48
      @davitisahakyan48 3 роки тому +13

      50 more dollars for Airpods

    • @MikeGolfLima
      @MikeGolfLima 3 роки тому +23

      @@davitisahakyan48 airpods are junk no even moisture proof, also it's too much money for 20hz-20khz, Audio Technica is were it's at.

    • @ndaemon1718
      @ndaemon1718 3 роки тому +86

      @@MikeGolfLima audio technica.. you clearly have no idea what good sound is.. i use tin cans connected by a rope and let me tell you.. this has the best sound quality in the industry. so much so in fact that i replaces my ears with tincans and a rope! never heard better sound in my life!. Next week .. Why my organs are better replaced by balls of tinfoil!

    • @normanclatcher
      @normanclatcher 2 роки тому +13

      Me, who's using a hat he bought off Amazon with cheap Bluetooth speakers in the brim: 😕

    • @RayyanAshraf
      @RayyanAshraf 2 роки тому

      Galaxy Buds ftw

  • @underconctruction
    @underconctruction 3 роки тому

    OMG i lmao when you started to list “side effects “ 😂🤣😂🤣😂🤣😂 I love Math 😍

  • @skeetum8943
    @skeetum8943 3 роки тому

    oh that was a smooth segue into the sponsor. one of the cleanest ive seen in a while

  • @ihavetowait90daystochangem67
    @ihavetowait90daystochangem67 4 роки тому +57

    Wait you have to learn math before breaking a mathematical loophole in a lottery? Ok I’m gonna go out now

  • @just-a-username
    @just-a-username 4 роки тому +62

    I started watching this...then I got the notification for it.
    I am *SPEED*

  • @justinwhite2725
    @justinwhite2725 2 роки тому +12

    4:55 I noticed a math error. You are still determining the Ev based on 200,000. A ticket that won on 5 numbers can't win on 4 or less. And a ticket that won 4 can't win 3 or less. You'd have to subtract the expected number of tickets at each step before the next step.
    The incorrect way you did this makes it *just* above the EV, so I don't think it works if you did it correctly.

    • @Incog179
      @Incog179 Місяць тому

      Yeah, i didn’t notice that so thanks for pointing that out

  • @peter-paulkutschlojenga7336
    @peter-paulkutschlojenga7336 3 роки тому +1

    So the lottery was basically always doomed to lose money and they just realized that buying much would lose the lottery much? Damn, that was some advanced math right there, glad it was pretty math

  • @namelmao4231
    @namelmao4231 4 роки тому +25

    Me: How would math help me in the future?
    Teacher:

    • @daniellabinjo6046
      @daniellabinjo6046 4 роки тому +2

      I learned this one on my own If you start a business it can teach you how to scale profit, analyse and understand complex physical phenomena math can teach you how to minimize costs, the most important benefit of math is that it teaches you how to think logically and in an abstract way

  • @charlespletzke8311
    @charlespletzke8311 4 роки тому +114

    It’s never Lupus
    Shoutout to all the House fans

  • @Surrenitie
    @Surrenitie 3 роки тому +5

    You're so nice, my teacher didn't warn me about math...

  • @vikrantdhapa
    @vikrantdhapa 3 роки тому

    I got one more reason to follow this channel..
    That is his on point "sense of humour"
    😇
    Wish you all the best.

  • @MinecrafterCarter
    @MinecrafterCarter 3 роки тому +59

    In case anyone is confused, expected value is essentially just a fancy way to say ‘average value’ or ‘mean’. Expected value is the sum of multiplying each outcome by their respective probabilities (the likelihood the outcome will occur) instead of the sum of all terms (x) divided by the number of terms (n), probability is essentially number of favorable outcomes for an event divided by the total number of outcomes. Tldr, expected value just uses a rearranged formula to get the mean, expected value is just used for random variables (such as lottery winnings), while we typically use mean for samples.

  • @SamVillano
    @SamVillano 4 роки тому +11

    “Hopefully, you followed that.” *wasn’t listening at all, keeps watching*

  • @note5068
    @note5068 3 роки тому +2

    "The older you got, The wiser you are"

  • @gennebelcher3830
    @gennebelcher3830 3 роки тому +6

    You had me worried about the math, but like it was middle school math a worst

  • @williamhrivnak7345
    @williamhrivnak7345 4 роки тому +27

    I remember watching this on 60 minutes back in January. They had a federal fraud agent coming after them because he thought they were cheating only to find out they were in fact playing the game fairly and there was nothing he could do. They also had storage lockers full of every single lottery ticket over the years in case they had to do some proving.

  • @GankiaSFM
    @GankiaSFM 4 роки тому +49

    People: Break the lottery
    Gouvernment: wait you weren't supposed to do that

    • @rivenoak
      @rivenoak 3 роки тому

      gov is cool about that, they collect taxes from the winner. federal tax + state tax :)
      for example california is nice and doesnt collect state tax on winnings, but unfortunately Massachusetts does :p

  • @HitCSGO_
    @HitCSGO_ 3 роки тому

    Started doing this meditation at my wits end. I was suffering mentally emotionally and financially. Didn’t have a job. Started August 2019 and it’s now April 2020 I have had a job since November & got another job

  • @uni1014
    @uni1014 3 роки тому +3

    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?

    • @manfromwuhan714
      @manfromwuhan714 2 роки тому

      Yh so minus 5 who cares. It’s negligible anyway and ur working with expected values so it’s just an estimate

  • @NathanCorleone
    @NathanCorleone 3 роки тому +15

    Imagine trying to find a stock video for “hot dog tuxedo boy”

  • @WolfXGamerful
    @WolfXGamerful 4 роки тому +9

    0:18
    You asked people to prom?
    You went to prom?
    Woa. Must've been nice

  • @milkman2143
    @milkman2143 3 роки тому +2

    Grandparents: "1 + 1 = 6"
    Lottery: *shut up and take my money*

  • @rksita
    @rksita 2 роки тому +1

    "
    U STILL NEED A LOT OF LUCK TO PULL THIS OFF SUCCESSFULLY"

  • @mysteryman7877
    @mysteryman7877 3 роки тому +58

    As an Arizonan, I will viciously defend my state’s right to repeat other states’ mistakes

  • @plakeplays6420
    @plakeplays6420 4 роки тому +16

    6:14 Yeah it is a mistake raycons are pretty horrible Its the reason why there so damm cheap there not high quality.

  • @pierrevillemaire-brooks4247
    @pierrevillemaire-brooks4247 3 роки тому

    Somehow , UA-cam landed me on a 3 hour ad after this video.
    This ad turned out to be the 2020 AWS re:invent conference and to my own surprise , I enjoyed listening to the whole thing. We live in strange times were the worst of situations can bring up such unexpected innovations.

    • @JubilantJerry
      @JubilantJerry 3 роки тому

      Oh wow, I work for AWS and I didn't even know there were youtube ads for re:Invent

    • @pierrevillemaire-brooks4247
      @pierrevillemaire-brooks4247 3 роки тому

      @@JubilantJerry The web is a strange place. I try to be as relevant and concise as possible when I make my searches. Once or twice a month I get pleasantly surprised by suggestions on UA-cam. This add was one of those moments.

  • @greencandles9033
    @greencandles9033 3 роки тому

    the deadpan humor made me subscribed!

  • @lucaschai5788
    @lucaschai5788 4 роки тому +25

    I might break the lottery if I had a time-traveller

    • @grateful.
      @grateful. 4 роки тому

      Or if you can see future winning numbers

    • @crispyrainbow
      @crispyrainbow 4 роки тому

      Jack White you can’t ask for specific numbers on a ticket

    • @blake9746
      @blake9746 4 роки тому

      @@crispyrainbow Yes, yes you can.

  • @yardenfrank357
    @yardenfrank357 4 роки тому +6

    "And just like the fire nation attacked, the jackpot rolldown changed everything"
    Nice.

  • @freecommercial
    @freecommercial 3 роки тому

    Man really hyped up that math for real it wasn’t that much 🤣

  • @andrewlegoboy8755
    @andrewlegoboy8755 3 роки тому +1

    “Side affects may include unsubscribing” xD

  • @itstotallynotsai6577
    @itstotallynotsai6577 4 роки тому +14

    I'm waiting to see a comment of the students HAI went with to school and see if they remember hot dog tuxedo boy

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 4 роки тому +44

    “If a machine is expected to be infallible, it cannot also be intelligent.”
    ― Alan Turing

    • @michaeljohnson905
      @michaeljohnson905 4 роки тому +5

      What the hell does that quote have to do with this video m8

    • @Automatic-Diaphragm
      @Automatic-Diaphragm 4 роки тому

      Is that really his quote? That would've been very insightful of AI.

    • @Klrfl101
      @Klrfl101 4 роки тому

      @@michaeljohnson905 maybe the Lottery machine has something to do with this

  • @jplabs456
    @jplabs456 3 роки тому

    ‘At least, it *was* for THIS man.’
    *shows a shelf*

  • @mandc20022
    @mandc20022 2 роки тому +2

    Commentator: "this video was made possible because of raycon"
    Me thinking: "nah this video was made possible because of 2 grandparents " lol

  • @weee50
    @weee50 4 роки тому +35

    5:18 You said "$484,463.5" but put "$484,206" on the screen.

    • @WanderingYankee
      @WanderingYankee 4 роки тому +6

      But how did he even get the fifty cents? At 5:16 he shows "$29,412 x 2 = $58,823.5". I think he is trying to cheat us out of fifty cents!

    • @jareknowak8712
      @jareknowak8712 4 роки тому +3

      Next episode of HAI:
      "Why life in jail is not bad"
      XD

    • @shootingskelly17
      @shootingskelly17 4 роки тому +1

      It'll be interesting to see how many things from this video get into the Mistake Corrections Episode 3.
      May be multiple multiple things.

    • @WanderingYankee
      @WanderingYankee 4 роки тому

      @@shootingskelly17 Not from me. That is the extent of my math skills.

    • @jareknowak8712
      @jareknowak8712 4 роки тому

      @@WanderingYankee
      So go learn Yourself!
      I wanna see episode about jail!
      XD

  • @loetenn9524
    @loetenn9524 4 роки тому +51

    editor: How much stock footage do you want?
    Half as Interesting:
    y e s

    • @andrewjgrimm
      @andrewjgrimm 3 роки тому

      Economics Explained: Am I a joke to you?

  • @ianandersen265
    @ianandersen265 3 роки тому

    In my home state, the local lottery got so big once that the player had an advantage due to low sales. The lottery immediately changed the rules after the jackpot was won to only one person.

  • @abush325ix
    @abush325ix 2 роки тому

    That very specific prom story makes me choosing to work instead of going a lot less sad.

  • @IchorX
    @IchorX 4 роки тому +9

    "At least this video can't give me lupus" was the only reason I decided to watch it. 😩

  • @Sam_on_YouTube
    @Sam_on_YouTube 4 роки тому +4

    There are several stories of people winning lottos by buying them out or otherwise playing the odds like this. When interviewed, one of them said the actual drawing wasn't that interesting. The stressful part was trying to actually buy that many tickets.

  • @themobilejockey2380
    @themobilejockey2380 3 роки тому

    I always learn something at least mildly interesting each video

  • @inmysites2
    @inmysites2 2 роки тому

    Literally doubles the video length with tangents. Definitely a math guy.