Where Does The Money Go

We all share our bad gambling stories and why did Nate yell at an old lady!  

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Episode Transcript

Speaker 1 (00:03):
What would you talk about on your on your podcast?
Firm Elvis to represents fifteen Minute Morning Show, The fifteen

(00:25):
Minute Morning Show Podcast. Here we go. I got Scary,
I've got a Gandhi, I've got Brody, I've got your's Garrett,
Scotty B's in the house. Did I get Froggy? Hello? Froggy?
And there's Danielle and straight Nate. I. So at the
end of today's show, we were talking about the lottery.
Someone just won at one point what million dollar? So

(00:49):
that cash payout is how much? Eight hundreds? No, I
don't know what's No, it's something like that, well, a
shipload of money. Right, Wait a minute, I thought somebody
said that they took the yearly thing, but now we're
hearing that nobody even all we don't know because no
one knowne has claimed it. So what was the story? Gandhi?

(01:09):
It's back to your time. Um, I'm trying to figure
out what the cash payout was. I think I would
take it as point five, right, but then five million dollars,
but then you have to pay tax on that, so
there's only four million after that? That's correct, No, that
was after one one point four You come home with
seven hundred. Don't confuse it. Yeah, yeah, that is after tax.

(01:32):
That's taxing it tax the tax. Oh wait, wait wait,
I'm reading it further. The winner can expect a minimum
of almost two dred twenty six million at tax, is
lowering the take home amount to roughly five hundred and
fifty four point five million. That's what I thought they
if they win the one point three four million after taxes,

(01:53):
it's like seven No, No, that's the You take an annuity,
which is the one point three three seven billions, and
it's an incremental payout over the course of years, or
you take the payout amount which is less correct less.
But moving on. So the point was, no one has
claimed it yet, so we're wondering why, right, So some

(02:15):
texture said because when they found out they they had
a heart attack and died and the cats ate them
and the ticket and somebody's changing their will as we speak,
or maybe they listened to the show and listen to
my plan. You do not say you want lottery, You
sign it, you put it in a little safe, you
continue going about your daily life, higher an attorney, and

(02:35):
then when you have a really bad day at work,
you just go, fuck this and leave and then people
don't know. I'll be calling on the lottery office doors
in Illinois. Yeah, which is this one of those states
where you don't have to make it public, one of
the only states you can have, but you's still claim
It's still on a claim it as as Gundhi reported.

(02:59):
According to them, no one has claimed it yet. The
lottery office says nobody has called to claim the ticket.
That's where you have to call claim You get what
six you said six months right days to claim your prize.
I would be the one to accidentally throw the ticket
in the garbage. Then then I screw everyone. What happens
if no one claims it? You know, I don't know.

(03:19):
I would assume it's I don't think that they give
it away again. I think it's distributed to wherever it's
supposed to go, like the schools and stuff like that.
I don't think it doesn't go back in the pot.
We're looking into it. We're looking into it now. No,
it doesn't go back into a winnable pot. I don't think. No,
it goes to wherever the money's the proceeds go. Right
now and exactly by the way we're sitting here, guessing on.

(03:42):
If the jackpot prize is not claimed within the required
time limit, each participating state in the Mega Millions game
will get back all the money that state contributed to
the unclaimed jackpot, and then they get to donate it
as they donate it. Right, how about they just split
it with everyone who bought a ticket. Yeah, and everyone
gets like, you know, fifty bucks or whatever. Would be nice.
It's not gonna happen, but it would be nice though. Um,

(04:05):
So there you go. Is anybody here one like a
big amounts through jet pocket? Yeah, because it was the
middle of pandemic. It took him a while to get
it to me, but that app My little sister actually
picked numbers out of a hat when she was a

(04:26):
little kid, and that's how we won a couple of
thousand dollars. Uh huh. Yeah. My brother's friend won the
scratch off the win for life and he still is
every week or a month whatever getting a check. How
much it was. It was like a lot of money.
It was like the most you can win on the
scratch and number is I don't know. Make was so cool? No,

(04:48):
I just never want anything. People looking like you want
to say something, and everyone keeps burying. No, I was
just gonna say I've never won anything, and I'm very
impressed at all the people and here who have. Jeez,
you guys are lucky. Nothing two baby better than nothing,
I'll take it. So Scotty had another question and it
totally went over everyone's head. What was it, I don't remember.
It was a few questions ago went over his head. Um,

(05:12):
I don't remember. How much do you think you've spent
on a lottery Scotti? Um? I mean a decent amount.
I mean not not some amount where you'd be like,
are you out of your mind? You know I I
would play it when it gets big, and I'll buy
a scratch off every once in a while. But you've
definitely spent more than you've won, Oh for sure. Okay,

(05:32):
I love that. The odds of winning are like four
million and one. And then there's always that person in
the officer goes it's rigged. Nobody's would in it's rigged. Well, no,
you didn't win. That's that's how it works, all right.
Right now? Wednesday Tonight, Tonight's power ball is two two
million dollars. That's still jack pocket play. Now. I used

(05:54):
to think people were going to come to my house
when the publishers clearing out. You remember they used to
have the balloons and the big two giants. They would
like show you on the commercial, We're coming to your house,
and I was like, they're gonna drive up any minute
with the big trucks. I used to work there. It's
so that's not rigged that really. I used to work
for publishers clearing house. I would be in the mail

(06:15):
sorting room and there were these giant machines and all
the entries would come in and I would be in
charge of feeding them into the thing and opening them up.
So how do they determine who wins that? It's it's
totally random. Really. You didn't have to buy magazines. There
was no better chance if you bought a magazine or
anything like that. But my favorite thing about it is
it would go through these machines with the belts, and
people would put all kinds of stuff in the envelopes,

(06:36):
and every once in a while, like a pen or
pencil will be in it and it would go through
and all the belts would fly all over the room
and all the letters lucky Rabbit's foot in the envelope. Yeah, yeah,
would jam the machines. See for me, two million dollar
jackpot is just as big in my world as a
one point three billion dollars, So I didn't pay as
much attention. Why doesn't it get the valley who, the fanfare,

(06:58):
the hooplah? I just I just bought for you. I'm
gonna buy one too. I'm just reminded of states that
don't have jackpocket apps. Yeah, I'm telling you, it makes
it way too easy. Can play your same numbers though?
Or do you randomize? Randomized? But but don't they say
that's the one step closer to winning is if you
play the same numbers over and over again. I've never

(07:21):
had a gamblers fallacy because they couldn't doesn't know what
numbers you play. It could be I don't know, but
the odds right, But what are the chances of random
numbers coming up twice? The same is coming up once.
It doesn't have a memory. It's like flipping a coin.
It's the old gamblers fallacy. If you flip a coin
fifty times and it comes up heads fifty times, you're
gonna double down and say it's gotta come up tails.

(07:41):
But the coin doesn't know the next time is the
fifty first time, it's still fifty odds. Now when it
comes to slot machines, that's different. I have a feeling
there's some shenanigans going on. Absolutely what do you suspect?
I suspect that they are tuned to pay off, not
off in machines too hot, they slow it down those
crane games. I'm just gonna say at the fair, because
I saw that special where it says every couple of

(08:03):
like tries, it'll make it look like it's getting tighter
so that you think you're going to get the prize,
and then like one out of every fifteen, they make
it set so that the prize actually comes out. Those
claw machines are much smarter than I ever thought. I'll
take it a step further. I love blackjack and scary,
and I played blackjack in a number of occasions. I
think the casino hires people to go funk you up

(08:27):
at the table because there's been times where everybody's I'm
not I'm not kidding here. There's been times where I'm
like hitting everything and win in a ton of money,
and we're all like yeah, and then this little old
lady with a bag sits down and start fucking ship
up at the table and everybody starts losing. They start
hit when they're supposed to stay, and they start staying

(08:49):
when they're supposed to hit, and then everybody starts losing.
She's hired by the cassine. Well, first of all, I
do it for free because I go mess everybody up
for nothing because I'm not that I'll hit on and
I'll hit on a seven. Don't do that. That is
no effect if I take If I take a hit
when I shouldn't write and I get a ten and

(09:09):
you needed a three, were taking the card the dealer needs,
then you funk up the Sometimes you take the card
that the dealer would have gotten twenty one reason black,
They're totally not this rhy reason to play. But whether
or not the person next you saw, that's that's not affecting.
Have you ever played podcast many times you don't know

(09:30):
them because you're on a seven team. But if I
do it on a seventeen and hold on, if I
do hit on a seven team, Let's say I get
a seven and I busted. I shouldn't have hit you.
Then you had a fourteen and you get a seven,
you shouldn't hold on. Hold on. You wouldn't have gotten
that seven if I didn't hit. I helped you. Yes,
you're not thinking clearly. That's why Gambler is losing. The

(09:52):
casinos are so big. Or when we're playing at the
hard Rock and Scary Scary Things, he's on what they call,
you know, a heater, and then Elvis sits down, just
throw it anywhere and then throws off the whole table
and then walks away after one hand. What happened? We're
we're at the hard rock at a party plane, we're
all sitting down playing. Black goes, oh, let me sit down,
plays one hand, just throws throws the money there, and

(10:13):
then Scary goes, what are you doing up and walks away. Yes,
if you're runna run, you don't sit down. If the
tables want to run, everyone's on a rhythm. That's what
was talking about. The little old lady jumps in and yes,
I'll never say that lady face, because they don't hire me.

(10:35):
Scary was so pissed, like I got a free Prime
Ram dinner. The only the scan is the free drinks.
They give you the free drinks, so you'll get drunk
and gamble poorly. That's why you get the food drinks.
I actually one of my lowest moments in life that
I was sitting. Yeah, I was gonna run. I feel
bad now if she wasn't actually hired by the casino.

(10:56):
But this little old lady sits down. I'm on a
tear win in every hand. And then this woman sits
down and she's oldest can be and she starts sucking up,
and I'm like, lady, what are you doing here? You're
not supposed to hit that. And she looks at me,
she goes, I've been playing since you were in diapers.
And then I look and I go, at least I'm
not wearing them now. And then but I was so

(11:19):
pissed because she was hitting up, you know, and you
were playing black lady, and she didn't deserve done black jack.
There's a thing called basic Strategy book about what you're
supposed to do to have the best odds in your
favor when certain and then what are you doing? It
looks like you're all trying to win. It's a team

(11:39):
against you want them, you want the dealer to lose. Period. Okay,
so I'll get you against hit when I'm not supposed to.
And then the next called the deal of busts. Therefore
I helped you win, but you're not. Yeah, he's the
guy you would want to fight. And those people that go,
I got a feeling just hitting, and don't fucking do
you don't have a feeling, no feel with the basic strategy.

(12:02):
You know what? Can I book the a meeting now
or no? That's that's alcohol is anonymous Vegas trying to
augment your income. Then you're fucked in the hid right,
you're there just to take chances, you know, and if
you have belittling old women, you've taken it too seriously,
all right, that I did cross the line. Scary, we

(12:22):
know you hit on sixteen. Well you have to get girls,
Jesus Christ, tell up to the judge. And you didn't.
You doubled down. Oh I get it now, that's not right.
Everyone's getting really upset about Jack. That was the most

(12:45):
intense I think I've ever seen any conversation in this room,
including politics, all kinds of stuff that doesn't work. God,
equipment melt down here in the studio today. This ship
is supposed to work. Look at it. I can care
see it. I don't care. This place like we're moving
so technically if it breaks, they don't fix it, it'll
break in the new place. We should plan a trip

(13:06):
to Atlantic City. I think we need to plan a
trip to Atlantic City with you. I go for fun.
It's no fun going he goes and function up and
it so happens. It pays off great. If it doesn't,
my bad, then that's the point of gambling that it's

(13:27):
supposed to be. Don't bet your shaving. I feel like,
if you're gonna you're gonna gamble, and you want to
win money, it's best to bet on things like sports. Yeah,
do you have a way better chance a fortune slot machine?
That's the way to go. Okay, freaking uh the wheel
thing that. I love roulette because you know what, when

(13:47):
you do win, they give you mountains of chips. I
like the craps table. You like shooting crap like I
like being on the cume line. Oh my god, you
have to you have to put shoot craps to know
what that even mean. You showed me that movie years ago.
What being on the come line? He's making a joke

(14:09):
on your jokes shooting craps. Oh, I don't think Originally
Elvis was Scotty thought it was funny isn't it? There
actually is, There actually is a come line that you
vote on. Now, if you don't know how to play,
if you don't know how to play craps, because I
always see it in the movies James Bonds playing craps. Right,
if you don't know how to play, can you just
go up there and throw the dice and they'll tell

(14:30):
you if you want or not. Uh yeah, but you
really shouldn't know what you do because there are so
many you blow on the dice. I know that in
the game of craps, there are so many different little
things you can do. I mean, there's a million of
different ways to bet and to do it. I used
to know when I was a kid because my dad
taught me. He was like a lie popular act. My
dad taught me how to shoot the come line. You

(14:53):
totally just bulldoze Elvis joke speaking of taking an eight
the hard way. Alright, We're done, Bye, place fucking suck.

(15:16):
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