Tony Talks Business

How The Lottery Makes Money

Do you know how much of your two dollars actually goes into the prize pool? Ever wondered why nobody has ever been paid the number on the sign above the till? And do you know that the odds on the Powerball jackpot were made almost twice as hard to hit, on purpose, in one meeting, by the people who run it?

This is how the lottery actually makes money, and why the business never needs you to win.

Watch on YouTube
10 September 202618 min

Chapters

  • 0:00The Ticket
  • 1:19The Split
  • 3:36The Counter
  • 5:11The Sign
  • 6:46The Odds
  • 9:04The Rollover
  • 10:15The Scratch
  • 11:54The Loophole
  • 13:43The Sweep
  • 15:19The Feeling
  • 16:58The Bottom Line