This guy wins the internet!

[ghostsinthemachine]

[liberal N proud]

1. That is his whole universe

[underpants]

2. Saw that the other day. Hilarious!

[-none]

3. Somehow I don't think he was serious.

At least not totally.

[ohnoyoudidnt]

4. HA!

Perhaps that was his way of saying get the hell out of my face with that camera.

[Xipe Totec]

5. At 500 million payout, you could buy every possible number combination for 300 million

and still make a 200 million dollar profit.

[Takket]

8. Almost, but...

Powerball tickets are $2 so it costs about 600 million to buy every combo. Also, there literally isn't enough time to buy and print that many tickets.

[Xipe Totec]

9. All true, but the point is that at that payout, you're reaching even odds for the population

The point at which, statistically speaking, it becomes profitable to play the game.

[GummyBearz]

10. You are forgetting a few things

1. Taxes (obviously)
2. What if you split the winnings with someone else?

Probably gonna lose a lot of money trying that

[Xipe Totec]

12. Forgetting, no. Simplifying, yes.

The point is there is a payout X at which it becomes profitable to play the game. The point at which you can "buy the pot".

We can quibble about the details but that's all I'm saying.

[GummyBearz]

13. I get it

There is a positive expected value at some point. But ending up splitting the jack pot 3 ways would be a big loss... so its still gambling

[Blue_Tires]

14. A group of investors did buy out the Virginia Lottery in the early 90s

But they only had to spend 7 mil to get 31 mil...

[Wounded Bear]

6. Hookers and blow...

that's an ambitious dude.

[ProfessorGAC]

16. He'd Be Dead In A Week

Ambition will have gotten the better of him!

[dembotoz]

7. honesty is refreshing

[B Calm]

11. Or move to the South Pacific and have my bare ass swatted with palm leaves

by half naked hula girls. .

[Gidney N Cloyd]

15. This longer clip without the commentary shows him clearly screwing with the reporter.

Cracks a big grin after he turns away.