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OzmosisJones65 karma

Wait, are you saying the prize payout percentages are less than 50%?

OzmosisJones62 karma

What ‘additional math’ are you doing to get those numbers? State lotto prize payout percents are public information, and the median is nowhere near below 50%.

OzmosisJones45 karma

Just glossing over the fact that isn’t what you implied above… why factor in taxes? Does Yotto include the how much a player will lose to taxes in their prize payout percents?

Or is that math you only do on state lotteries to make their numbers look worse compared to yours?

OzmosisJones16 karma

They won’t answer this one, they know it won’t make them look good.

OzmosisJones4 karma

What percentage of your revenues are paid out as prizes?

Massachusetts for example pays out 73.1% of all revenue as prizes, and I believe all state lotteries are obligated to make those numbers public.

I didn’t see anything on the Yotta site for the percentage of revenue returned as prizes, what is it?