Jerry and Marge Go Large: 60 Minutes' original story on the Selbees' lottery loophole

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60 Minutes

60 Minutes

Күн бұрын

Пікірлер: 2 600
@robertbragg9364
@robertbragg9364 2 жыл бұрын
I don't know them but I couldn't be more happy about them winning. They worked all their life and finally figured out how to beat the system and put some money in their pocket. Instead of being greedy they decided to share the wealth. Amazing story. Congratulations to them all.
@kingdingaling2469
@kingdingaling2469 2 жыл бұрын
Indeed
@1STGeneral
@1STGeneral 2 жыл бұрын
Safety in numbers ?
@kingdingaling2469
@kingdingaling2469 2 жыл бұрын
@GeT RekT Now you’re talkin 🤘🏾
@princessnerd7266
@princessnerd7266 2 жыл бұрын
Until this reporter came along.😡
@TheCybertiger9
@TheCybertiger9 2 жыл бұрын
can you imagine if companies did the same for employees ?
@c.t.5255
@c.t.5255 2 жыл бұрын
What I love about these two wonderful people is they didn't keep it to themselves they shared with others.
@richatlarge462
@richatlarge462 2 жыл бұрын
Yeah, mostly their kids and grandkids. As it should be.
@leighkthemusicman
@leighkthemusicman Жыл бұрын
i would to be honest
@cr8iveamboy775
@cr8iveamboy775 10 ай бұрын
Yet.. 90% of others thought their investment group was nuts.. Btw, 18 million in losses but 26M in total wins! wow, doing some quick math.. If this couple personally made 8 million.. which is a 36 million spread divided among 25 investors.. then the avg of 4.2 million a year in returns equally for a 6 year period.. then their group averaged 168K per year in profits.. then rotated 220K as an annual investments for an avg of $388K in returns over this time frame!
@hunter.5625
@hunter.5625 8 ай бұрын
@@leighkthemusicmanI wouldn’t because if it got out and to many people knew they would fix the issue
@leighkthemusicman
@leighkthemusicman 8 ай бұрын
@@hunter.5625 thats what i mean id keep it to myself nobodies getting my money
@eduel9832
@eduel9832 2 жыл бұрын
Just watched the film. It really warms my heart how Jerry shared the idea to his people and helped the community.
@YORKEE
@YORKEE 10 ай бұрын
Weird how the film shows Jerry retiring from a company, when it shows here that he had his own business.
@Mharve
@Mharve 10 ай бұрын
​@@YORKEE"based on a true story " means it's loosely based on reality not that everything in the movie actually happened . They have to make it entertaining and engaging
@YORKEE
@YORKEE 10 ай бұрын
I Am aware of that, it even states it at the start of the film. Obviously, they have to change things to make it more entertaining, but, twisting the truth is not the way to go.
@Ladygaga4047
@Ladygaga4047 8 ай бұрын
Hi. What is the movie called
@jaybob-uh8hm
@jaybob-uh8hm 7 ай бұрын
​@@Ladygaga4047 jerry and marge go large
@jshaw1068
@jshaw1068 Жыл бұрын
He included his loved ones, which means although his lotto loophole is over, he has the windfall of friendships for life ❤
@27-if2xq
@27-if2xq 5 ай бұрын
من قال لك انها انتهت
@clehouser4
@clehouser4 2 жыл бұрын
This is the nicest family. They have six kids. Marge was a housewife. Their kids and grandkids are all great people, and hard workers, too.
@rubyedunn1910
@rubyedunn1910 2 жыл бұрын
I just love Jerry and Marge's mindset and energy. They were just having fun... and making millions!
@betterickman3578
@betterickman3578 2 жыл бұрын
I’m
@ryan49805
@ryan49805 2 жыл бұрын
These two deserved every single penny and so did their friends. Most would have been too greedy to share with ANYONE. If anyone should be blamed it’s the games creators.
@penz6860
@penz6860 2 жыл бұрын
It's nice to see good people benefitting & having a secure happy life. The lottery game creators didn't have math wiz's.
@billnerp
@billnerp 2 жыл бұрын
@@JustMe-po5sf I would call it a Feature and not a Bug :)
@toyajackson556
@toyajackson556 2 жыл бұрын
They needed investors to maximize profits I think.
@debbiepowers4743
@debbiepowers4743 2 жыл бұрын
Yeah, but blamed for what? It sounds like literally everyone was a winner. So where is the harm?
@icantcook9998
@icantcook9998 2 жыл бұрын
It sickening how the states close these games down because they didn't like everyone making so much money even though they were making hundreds of millions of dollars instead of being happy for these people
@greengrowlocks566
@greengrowlocks566 2 жыл бұрын
Such a great story. Really cool he shared his wealth with all his friends in a legal and legitimate way. It's amazing that people were taking advantage of this for 7 years!
@stevecarte9330
@stevecarte9330 2 жыл бұрын
Yeah, wish I had friends like that. 😂
@annwithaplan9766
@annwithaplan9766 2 жыл бұрын
He didn't share his wealth with them, he shared his knowledge. He shared his wealth with family. Happy for them all.
@muddyhotdog4103
@muddyhotdog4103 2 жыл бұрын
Well tbh, the more he got other people to throw into pot, the more money they all got to split. So it was in his interest to spread the wealth and knowledge, which is why he turned it into an investment firm.
@lamppole7896
@lamppole7896 2 жыл бұрын
I hope Marge will market that chicken pot pie!!! 😋
@WA-qz2gx
@WA-qz2gx 2 жыл бұрын
He required to share as to increase his odds and winnings. Either way, well done for him
@mrsoshadabaadman
@mrsoshadabaadman 2 жыл бұрын
Damn this is genius. And him emphasising how simple it was is down playing the fact that no one else could see it but him.
@vampoftrance
@vampoftrance Жыл бұрын
It's not genius that's why I'm still confused
@generalwillwelsh7926
@generalwillwelsh7926 Жыл бұрын
@@vampoftrance its one of those hidden in plain sight things. It is basic math. But if you told a smart person you could scam the lottery no one would believe you.
@sinatraforeign
@sinatraforeign 3 ай бұрын
​@@vampoftranceit's not about genius, it's just nobody even bother
@thequeenmidas
@thequeenmidas 3 ай бұрын
He also said anyone could figure it out if they tried. I guess most people didn't try😢
@shudoo8062
@shudoo8062 2 жыл бұрын
The most incredible part of this story is the extraordinary amount of self- discipline, selflessness, and humility. The values that this couple has is something i truly wish more people had and instilled in their children
@janefrost1856
@janefrost1856 2 жыл бұрын
Good on them, they deserve every single penny. Hearing one of the players say that it paid for his children to go through school was wonderful. The Selbees were also very generous and didn't keep the " secret " for themselves but shared with others. Well done to all of them, I hope the Selbees go on to enjoy further adventures
@Titomjay
@Titomjay 2 жыл бұрын
Agreed. Usually when people are generous and selfless like the selbees, good things come.... God bless those two. 🙂
@tsambo4818
@tsambo4818 2 жыл бұрын
God Bless you both- enjoy it all. Amen
@morris.d5562
@morris.d5562 2 жыл бұрын
Hello hope you are staying safe?
@strnglhld
@strnglhld 2 жыл бұрын
@@morris.d5562 Beware guys… Morris is a scammer account.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah, it’s a very great story and I love it. How’re you? Hope family and friends are doing great?
@counterflow5719
@counterflow5719 2 жыл бұрын
He read the rules, he calculated the odds, and then played the odds. Very basic math percentages. He had the time and the insight to do so. Most of us are so harried by the day to day "rat race" that we are not really thinking as clear as we should in order to make good decisions and judgments. Congratulations to this lovely couple.
@SnowbordrWRX
@SnowbordrWRX 3 ай бұрын
He has the time? It took him 3 minutes. I bet it would take a slower person 15 minutes. The key was he recognized the odds were heavily in his favor and did the math to verify it
@atteroljones6936
@atteroljones6936 2 жыл бұрын
I have never experienced friendships like this couple, Jerry and Marge, has. They were a success long before the investing in the Cash Fall lotteries. I do hope the largess bestowed on the children, grandchildren and great grandchildren results in the same degree of sharing that the couple exhibited.
@magmasunburst9331
@magmasunburst9331 2 жыл бұрын
We all have to create value in the lives of those around us like they did.
@walterwhite1
@walterwhite1 Жыл бұрын
They are amazing they helped my family become multimillionaires
@JM-sx9yk
@JM-sx9yk 2 жыл бұрын
Wonderful people, probably some of the most deserving people I've seen "winning" the lottery.
@NickyNicest
@NickyNicest Жыл бұрын
Why’d you quote winning? They won fair and square.
@violentneighborhood
@violentneighborhood Жыл бұрын
That's the benefit of a random drawing, there is no need to have the worth of your soul judged as to whether you are one of "the most deserving people".
@timson3489
@timson3489 Жыл бұрын
I agree, so many have won the lottery and selfishly blown it or made their lives more miserable than before winning. At least this family did some good with it.
@SilenceDogood999
@SilenceDogood999 Жыл бұрын
​@@NickyNicestthey didn't mean it negatively they meant they knew they would win and it wasn't a gamble like most people play it. It was a sure thing.
@IncredibleScience
@IncredibleScience 2 жыл бұрын
“That was satisfactory” 😂
@Hambone571
@Hambone571 2 жыл бұрын
This is a great story. This man did nothing wrong or illegal. He’s smart at math and figured out the odds. This is the same reason, similar people are banned from Vegas casinos (private businesses). Those good at math aren’t allowed to play there because they would lose money. All the, “State lottery” could do is, shut down, “this” version of lottery game. When the casinos win, OR the State wins, it’s ALL oKay…. BUT, when a person who is good at math and “plays the odds” it’s suddenly , NOT ALL OKAY…..Sad. But true.
@falcon127
@falcon127 2 жыл бұрын
CORRECT! LOTTERIES ARE FOR TAXING THE PEOPLE FOR THE GAIN OF THE STATE! GAMBLING!
@ImportedFromSerbia
@ImportedFromSerbia 2 жыл бұрын
The lottery games designed by States are not there for regular people to win, and State to lose money. It is vice versa.
@umbertoflocco7866
@umbertoflocco7866 2 жыл бұрын
@@ImportedFromSerbia it was originally started by the mob and when the government found out how much money they were making they outlawed it and changed the name to the State lottery.
@janetcampbell9286
@janetcampbell9286 2 жыл бұрын
@@ImportedFromSerbia, That's what the states intend to happen but they underestimated the determination of Jerry with the master's degree in math & the MIT students.
@reggiebenson9172
@reggiebenson9172 2 жыл бұрын
Couldn't agree more with your casino assessment. I never gamble at those places because I know they are dishonest enough to take it right out of my hands with some technicality.
@enriksouls6636
@enriksouls6636 2 жыл бұрын
Hearing her say “we get a high off it” just melted my heart, they are so cute. Good people.
@chicarobertson4706
@chicarobertson4706 2 жыл бұрын
Did you also notice that they were high school sweethearts. No multiple marriages...
@enriksouls6636
@enriksouls6636 2 жыл бұрын
@@chicarobertson4706 A true relic in this day and age.
@lovingsamantha9443
@lovingsamantha9443 2 жыл бұрын
This is what it looks like to be blessed in your old age. And the great thing is this couple spread their wealth with their family and community. If anyone deserved to win, it’s them.
@williamwwjd12345
@williamwwjd12345 2 жыл бұрын
They're not Blessed if they have not accepted Jesus Christ
@piratepete4322
@piratepete4322 2 жыл бұрын
@@williamwwjd12345 killjoy.
@sonja5191
@sonja5191 2 жыл бұрын
@@williamwwjd12345 absolute rubbish
@williamwwjd12345
@williamwwjd12345 2 жыл бұрын
@@sonja5191 I guess you'll find out at the end of your life Jesus is real
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah, it’s a very great story and I love it. How’re you? Hope family and friends are doing great?
@jacobperez8921
@jacobperez8921 2 жыл бұрын
What an amazing story for this couple. They loved what they did after retirement which is what matters and also made them big bank legally. The man is very smart for finding a loophole in their local lottery game. Everyone won here even the state which won 120M.
@davidquinn9676
@davidquinn9676 2 жыл бұрын
Well no, the state lost. Whatever the teams won, on net, the states lost. Whole swaths of state employees should be fired and lose their pensions for this, if they were truly "public servants" rather than little kings and queens.
@factsoverfiction7826
@factsoverfiction7826 2 жыл бұрын
Jerry & Marge *really* won the lottery when they met & married ... and so did their progeny & friends. What a team!
@Grace2Hope
@Grace2Hope 2 жыл бұрын
This is not a complicated math computation! Jerry figured it out because he actually read the rules, which apparently few people do.
@EdDunkle
@EdDunkle 2 жыл бұрын
A little bit like how Michael Burry was the only person to read mortgage bond prospectuses
@marciawalden
@marciawalden 2 жыл бұрын
Yeah, including the folks who wrote the rules. You’d think they’d know better.
@marklar7551
@marklar7551 2 жыл бұрын
"Am I the only one who gives a $#!+ about the rules?!?"
@fliarshypocritestothebones5698
@fliarshypocritestothebones5698 2 жыл бұрын
Yep that's not complicated, like everything..that's why you are not a millionaire..
@RaphaelDawkinsCombatRadio
@RaphaelDawkinsCombatRadio 2 жыл бұрын
Did ypu read the rules❓🤔
@beepseatsfindingfoodtreasu8756
@beepseatsfindingfoodtreasu8756 2 жыл бұрын
This is why I love America. Jerry could have sat on this and done well but decided to share his knowledge and help his family and friends. I just wish our government could figure out that every success shared makes us all better.
@penz6860
@penz6860 2 жыл бұрын
Well said
@lesliea.7174
@lesliea.7174 2 жыл бұрын
But they don’t instead of the 💰💵 circulating the top 🔝 one perc of the U.S hoarders the mula and or spend it over seas truly awful.
@davidhenson5876
@davidhenson5876 2 жыл бұрын
…but should we have to depend on the lottery or someone’s generosity….in the wealthiest nation on Earth 🤔?
@beepseatsfindingfoodtreasu8756
@beepseatsfindingfoodtreasu8756 2 жыл бұрын
@@davidhenson5876 He did the best he could with what he had. Can't say say that for many multi millionaires now a days.
@lisaa5403
@lisaa5403 2 жыл бұрын
The government did figure out and keep it to themselves
@rnupnorthbrrrsm6123
@rnupnorthbrrrsm6123 2 жыл бұрын
The only thing I don’t like about the story is that I didn’t know them and wasn’t in on it 😏 They earned it, well done !!!
@captainkrunch6372
@captainkrunch6372 2 жыл бұрын
Had I stumbled upon this game I woulda figured it out instantly, the sad part is I live in Michigan.
@Circleofdxxdcx
@Circleofdxxdcx 2 жыл бұрын
We need state lottery control Liberal hysteria Those darn loopholes
@daisyscott4632
@daisyscott4632 2 жыл бұрын
@@captainkrunch6372 DQQ1
@angelaguidry9521
@angelaguidry9521 2 жыл бұрын
Right!! 😄
@morris.d5562
@morris.d5562 2 жыл бұрын
Hello how’re you?
@AngieS_91
@AngieS_91 2 жыл бұрын
What a great couple! Such nice, down-to-earth people…good for them! Can’t wait to watch the movie now.
@davefordavefor
@davefordavefor 2 жыл бұрын
Wonderful. I just watched the movie, “Jerry and Marge Go Large” which was about this. I’m so glad to see that it really is a true story. Good for them. Well done.
@tonyschmitz1997
@tonyschmitz1997 13 күн бұрын
I just watched it and it was so good. Funny charming heartwarming movies don’t come along often these days
@jimthompson3422
@jimthompson3422 2 жыл бұрын
I loved this story especially how generous they were in sharing their knowledge. A lot of people won in this including the state, so I wish they didn’t stop the game. Jerry was very observant and methodical by reading the rules of the game, understanding the odds of winning after the roll down and applying his basic math skills to determine his rate of return. While many say he was a genius, he is very humble besides generous in sharing saying it was applying basic math skills. He certainly was smart enough to figure out the so called loop hole and be able to apply his math skills in his head. While I understand the explanation of the roll down and could follow thee math presented I wish there was better explanation on the odds of winning calculations he did both from initial odds of winning five, then four then three numbers and how he was able to break down the returns so quick. For me it would have been helpful to have more visual breakdown of all the math that Jerry was able to do in his head. I like being able to follow it better and yet I think it is remarkable how he was able to quickly put it all together in his head and seize the opportunity he discovered. I love this story and this couple as well as how they handled themselves and helped their family and town, etc. Great story we need more stories like this Good honest. Hard working and law abiding people.
@mejae8829
@mejae8829 2 жыл бұрын
Im with you. I need a visual of the math! 😀🙏🏻✌🏽
@catw6274
@catw6274 2 жыл бұрын
Most people are good, honest, hardworking people.
@vikingkirk762
@vikingkirk762 2 жыл бұрын
Yet in the movie. they were typical, whiny Boomers.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah, it’s a very great story and I love it. How’re you? Hope family and friends are doing great?
@burneggroll
@burneggroll 8 ай бұрын
It is called Combinatorial mathematics (aka; Combinatorics). It takes up about 3 pages of a high school Algebra book. The part I couldn't figure out, was how to get the tickets printed out (in a reasonable amount of time). Rather than print out a 1000 tickets, people got mad and made me leave the store.
@englishrose4388
@englishrose4388 2 жыл бұрын
Fascinating. He doesn't realize he's a genius at math. I love how they shared this with family, neighbors, and friends and how they used their money to better those around them.
@jumbo6498
@jumbo6498 2 жыл бұрын
Maybe he's not a genius at math and just knows more than the dull reporter about what makes him not a genius.
@jonny-b4954
@jonny-b4954 2 жыл бұрын
Sure he does. He said he's great at math and everyone in town mentioned it. May not be genius level but hella smart and fundamental understanding of it at the very least.
@SW-Lopez1980
@SW-Lopez1980 2 жыл бұрын
Too bad more celebrities or wealthy people don't do that.
@kimy6069
@kimy6069 2 жыл бұрын
@Stephanie 1985 yes, bringing everyone one up is definitely exponentially beneficial for all. Since we are all connected.
@blondecat666
@blondecat666 2 жыл бұрын
Seriously? A genius? That is like third grade math.
@rizzodefrank
@rizzodefrank 2 жыл бұрын
Dozens and dozens of children all educated what an amazing story. No lambos, Tahiti trips, just Marge’s pot pie.
@manofiske3318
@manofiske3318 2 жыл бұрын
Hopefully , the "dozens and dozens of children" concentrated on/majored in something of practical use as opposed to allowing themselves to be brainwashed by the monstrous cretins running and occupying most of this nation's 'Institutions of Higher Learning'.
@BamaTraveller
@BamaTraveller 2 жыл бұрын
I hope the person who sent the “tip” that started the investigation, ending it all, is miserable in their envy. Good for these folks!
@neilpatel3750
@neilpatel3750 2 жыл бұрын
It doesn’t quite sound like the state shut the game down due to this family. It found no wrong doing, in fact found the lottery actually benefitted, but by the time they made that determination the game got replaced like many games get replaced to keep things fresh.
@davidquinn9676
@davidquinn9676 2 жыл бұрын
@@neilpatel3750 The lottery did not benefit, that was a feel-good lie in the story. When you beat the house, the house loses.
@grondhero
@grondhero 2 жыл бұрын
@@davidquinn9676 That's not how state lotteries work. Someone could win every single time and the state still makes money. A specific amount, generally 25%, but can vary by state, of all sales goes to the state. That money is *_not_* counted as part of the lottery "winnings." Even when someone wins, about 40% of it will be taxed, with a large portion going back to the state. (Yes, the government double dips on taking taxes.) What you seem to be thinking of are casinos, but you're still incorrect. Casinos play the long game. Slot machines always favor the house, even those that promote 96% winnings/payback, because that means 4% is _always_ going to the house/casino. And the 96% are the rare, high-end (usually they are in the 80% range). At casinos, all games favor the house, with the exception of Blackjack. And that's where people who can count cards and know the statistics succeed. (Both of which are legal to do.)
@bradyhunsberger
@bradyhunsberger 2 жыл бұрын
@@davidquinn9676 not true. The state made money and so did these folks. The losers are all the other players who lost because they didn’t figure out the loophole like this guy did. He basically got rich off the losers, like everyone who plays the lottery does.
@toxichammertoe8696
@toxichammertoe8696 2 жыл бұрын
This guy got his friends and family involved sharing the wealth. Great guy
@bmiller949
@bmiller949 2 жыл бұрын
What a heart warming story. I am so happy to all the winners.
@portalomus
@portalomus 2 жыл бұрын
These people are amazing. I love how they shared the wealth. Also, this guy was so methodical, it's amazing. Smarter than the kids at MIT!
@Blaze5x5x5
@Blaze5x5x5 2 жыл бұрын
My dudes got a giant brain. He obviously should be rewarded for putting all those braincells to use. 1000000% respect.
@theomz007
@theomz007 2 жыл бұрын
To him it was just simple arithmetic
@sarahdeshay1394
@sarahdeshay1394 2 жыл бұрын
@@theomz007 to anybody with a basic high school education it was simple math. He just noticed it and more importantly was in a financial position to and did indeed act.
@Explyzit1
@Explyzit1 2 жыл бұрын
Dear Jerry and Marge: I'm up for adoption real soon.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah. Love the story it is a great story. How’re you? Hope friends and family are doing fine? Have a safe day
@zk2939
@zk2939 2 жыл бұрын
This just absolutely made me smile. Good for them.
@nadinesarabia8168
@nadinesarabia8168 2 жыл бұрын
Growing up in Evart and going to the corner store. They absolutely deserve every penny they won fairly.
@vinista256
@vinista256 2 жыл бұрын
Such a feel-good story. We need more of these!
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah I guess so. How're you? Wish you a day full of blessings
@marymadelynevangelista9799
@marymadelynevangelista9799 2 жыл бұрын
I just found this surfing on KZbin and it made me happy all over again. I remember this story from when it first aired on TV and, once again, it restores my faith in humanity. Thank you, I needed this. Congratulations to all the winners!
@mraycgz
@mraycgz 2 жыл бұрын
Have you seen the movie with Brian Cranston? It’s fantastic.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah I do need it also. How're you?
@jexsmx6608
@jexsmx6608 2 жыл бұрын
great story! what makes it even better is that they shared their strategy and winnings with family and trusted friends. like a crooked casino, the states just couldn't stand it when someone other than them was raking in all the cash - even when it was a relatively minor percentage of the total.
@4TheMotorist
@4TheMotorist Жыл бұрын
What a feel good story for this old couple. Congrats to them. They made me smile.
@janetcampbell9286
@janetcampbell9286 2 жыл бұрын
I love this story about the fact that they were able to drive long distances, sort these tickets out for 10 hrs. at a time, etc. Jerry formed a business & brought his friends in on it. They shared the winnings with family, friends & remodeled their house. The state never saw a man with a master's degree in math & his wife coming! I love how they improved the lvies of everyone around them. They didn't harm anyone & certainly weren't greedy!
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah, it’s a very great story and I love it. How’re you? Hope family and friends are doing great?
@MTknitter22
@MTknitter22 2 жыл бұрын
What a special couple, special American town and wonderful families. God bless them all !!
@jqbaker418
@jqbaker418 2 жыл бұрын
State makes millions yet are the sorest of losers! I am always rooting for the underdog. What a wholesome story. Go Jerry and Marge!!! 👏
@davidquinn9676
@davidquinn9676 2 жыл бұрын
State should be embarrassed and fire everyone associated with the lottery, with a college degree, who missed this. But nobody gets fired for incompetence in government. What a feel-good story!?
@sarahdeshay1394
@sarahdeshay1394 2 жыл бұрын
The “underdog” was the hundreds of thousands of people who lost the money that they won as well as the (tax) money the state took out of the prize pools.
@manofiske3318
@manofiske3318 2 жыл бұрын
'State makes millions' *off of the **_millions_** of dummies* that willingly...eagerly fork over their hard-earned(in most cases) money on an inherently and ultimately losing proposition.
@mitchyoung93
@mitchyoung93 Жыл бұрын
@@sarahdeshay1394 No one forced them to play the lottery. No one forced them to vote to allow the state to sponsor a lottery. No one forced the state to be so incompetent that they devised a game that could be 'beaten'.
@MadSceintist
@MadSceintist Жыл бұрын
@@mitchyoung93 Not so much beaten, just cracked to loosen the pools wall to leak a little. The state still "won" 120 million in profit, then taxed the winnings of 26 million enough that this couple only "won" after taxes 8 million... So it's not really incompetence, a couple someones figured out the numerical loophole and got just rewards
@cameronmccreary4758
@cameronmccreary4758 2 жыл бұрын
State of California never had a "Roll down" Lotto. After this man explained what he did one can see why lotteries don't do this anymore. I have a mathematics degree and the ONLY lottery system I ever had was solving the algorithm placement of winning scratcher tickets when the lottery first came out in 1985. I would buy up 500 to 1000 scratchers then scratch off the areas where the winners were located then return the unscratched tickets to the store where I purchased them for a refund. Back then one could return unscratched tickets; can't now. Then I would redeem the winners at another store. It worked until the tickets were sold with the legal condition that once sold, gone for good from the store, whether one scratches them or not.
@helenwatts8667
@helenwatts8667 2 жыл бұрын
The best thing is that they shared with others, brilliant.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah , The story was great love it. How're you ? Friends and family are staying safe?
@DavidJohnson-hg1mz
@DavidJohnson-hg1mz 2 жыл бұрын
🤣a retired couple figured out the lottery, told their friends, and a bunch of grandchildren got their school paid for? MURCA!
@yasminvilla8481
@yasminvilla8481 2 жыл бұрын
Crazy how the lottery company thought no one would catch up to their “secret”😂
@alicehardy9094
@alicehardy9094 2 жыл бұрын
WOW! I saw an ad for this. I didn't pay much attention, writing it off as a goofy story line for some improbable "feel good" movie. I'm SHOCKED to learn that it was actually TRUE! Kudos to them for figuring out the odds & to 60 Minutes for doing the story! So much more satisfying than a fictional "feel good" fictional movie.
@mr.m.3333
@mr.m.3333 2 жыл бұрын
Mr. Jerry was a blessing to so many. Thank God for him.
@JayBuff19
@JayBuff19 2 жыл бұрын
Great story, nice to see someone doing something good for others by finding a loophole. The movie is quite enjoyable and really pushes that idea as well. Do good for others, less for yourself.
@graceweber2822
@graceweber2822 2 жыл бұрын
The math went over my head but I am glad for this couple.
@juupajuu60
@juupajuu60 9 ай бұрын
its kinda crazy because that math is not even that much higher than basic math skills.
@janedoe247
@janedoe247 2 жыл бұрын
I LOVE hearing stories like this!!! Good for them!!!
@tomkendall9993
@tomkendall9993 2 жыл бұрын
I love this kind of stories also. From your comment i can tell you're a woman with a beautiful soul and kind heart Jane.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah love the story. How're you doing?
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah, it’s a very great story and I love it. How’re you? Hope family and friends are doing great?
@kimsherlock8969
@kimsherlock8969 2 жыл бұрын
What a wonderful couple. Truly an American small town story of Math genius running the corner store. I hope the money brings them joy.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah hope so. The story was great love it. How're you Kim? Friends and family are staying safe?
@longreach207
@longreach207 2 жыл бұрын
God bless the old folks! 🇺🇲 May peace of mind and warmth of human heart fill their lives forevermore. Thanks to 60Minutes for a piece of enriching journalism.
@phukit5456
@phukit5456 2 жыл бұрын
Something about people who live in the Midwest. Down to earth,hardworking, and giving.
@GoBlue1956
@GoBlue1956 2 жыл бұрын
WOW!!! What a heartwarming story & they’re fellow Michiganders! All my respect to Jerry. He’s a mathematical genius. However, he’s so humble and just matter of fact.
@catsberry4858
@catsberry4858 2 жыл бұрын
And, Marge!
@Normalfunctioning2024
@Normalfunctioning2024 2 жыл бұрын
The dumb part is the lottery commission "didn't know" how easy it was to win. They accused the winners of being the problem.
@TheloniousCube
@TheloniousCube 2 жыл бұрын
And when they started paying out more than expected (and only through one game) they didn't check for loopholes or do an analysis.
@noskpain2792
@noskpain2792 2 жыл бұрын
They got mad they had a game to offer and it was beatable
@cappsginny699
@cappsginny699 2 жыл бұрын
Noone ever lost money underestimating the intelligence of the American public...
@xrizbira
@xrizbira 2 жыл бұрын
Let's be real here, they don't care at that time even if they knew it because they're getting millions of sales. That tabloid story is the one that put the nail in coffin
@myway2653
@myway2653 2 жыл бұрын
@@xrizbira …the snitchers.
@Scottallen8909
@Scottallen8909 2 жыл бұрын
They did Nothing Wrong !! As a matter of fact the older couple was driving almost 1000 miles and then in a cheep motel room they sat for 10 per day going through the tickets. Good for them ✌🏼👍🏼😎
@communityorganizer5645
@communityorganizer5645 2 жыл бұрын
Gotta love this man and his answers to the interviewer. Sparkling of whom, he was awesome as well.
@2hard2knock
@2hard2knock 2 жыл бұрын
My heart melts when he chuckles 😃💯💞
@ShyDog827
@ShyDog827 2 жыл бұрын
Very nice story. It’s good hear that there are still wholesome people out there .
@missbee3618
@missbee3618 2 жыл бұрын
‘…. $26 million…’ Jerry: ‘that was satisfactory’ 😂🤣
@kellyberry4173
@kellyberry4173 2 жыл бұрын
😂🤣😅🤣🤣🤣😂
@morris.d5562
@morris.d5562 2 жыл бұрын
@@kellyberry4173 hi Yeah , The story was great love it. How're you ? Friends and family are staying safe?
@Tulane_Gargoyle
@Tulane_Gargoyle 2 жыл бұрын
"Dumbfoundedly amazed" is a phrase I hope to be able to use in the future.
@jpmartinez6608
@jpmartinez6608 2 жыл бұрын
But then you'd technically be dumb 🤮🤮🤮🤮🤮🤮
@rabaham
@rabaham Жыл бұрын
How humble are Jerry and March. May God bless their souls
@j.s.d3211
@j.s.d3211 2 жыл бұрын
The really smart part was how well they kept it all documented.
@Ucanthandlthetruth
@Ucanthandlthetruth 2 жыл бұрын
Give the IRS auditor a metal folding chair in the corner of a cold pole barn with 18 million lottery tickets. Nice.
@lazybeachbum9394
@lazybeachbum9394 2 жыл бұрын
I'm assuming they didn't hit the jackpot once and still made $8 million after taxes. The state, the government and his team won. Win win. Bring the game back in all states. Why not.
@StreetSoldierUK
@StreetSoldierUK 2 жыл бұрын
Very genuine couple, to bring in all friends and family in.
@paulsimmons5726
@paulsimmons5726 2 жыл бұрын
Fantastic reporting on a fellow who paid attention during his math classes… Education pays off for those who use it!
@informedcitizen8687
@informedcitizen8687 2 жыл бұрын
A team math wizards from MIT, one of the the most respected universities on earth figured out how to legally beat the lottery and one retired shop keeper from a small town in Michigan figured the same thing out in ten minutes by himself!!!
@Truthseeker371
@Truthseeker371 2 жыл бұрын
Congratulations. They deserve joy and respect. Great American story.
@reggiebenson9172
@reggiebenson9172 2 жыл бұрын
Yes - agree!
@bicyclist2
@bicyclist2 2 жыл бұрын
When I lived in Michigan and was young and new to the job market, I quickly learned, it's not what you know that matters, it's who you know that matters most. It's also a bit sad that more people didn't figure this out. I'm happy for this couple. Great story. Thanks.
@chicarobertson4706
@chicarobertson4706 2 жыл бұрын
Meaning that is is good to have friends....
@cbjueueiwyru7472
@cbjueueiwyru7472 2 жыл бұрын
In this case though... It literally was what you knew. (the statistical odds)
@NickyNicest
@NickyNicest Жыл бұрын
Yep. I am where I am at in my career pretty much all based on who I know.
@alwayshavestrengthjoy7450
@alwayshavestrengthjoy7450 2 жыл бұрын
Wow, what store clerk was ringing up those tickets. It would have taken all day!
@mrdeebo313
@mrdeebo313 2 жыл бұрын
I used to buy lottery tickets for my Aunt, I've seen people literally play hundreds of dollars in lottery numbers. And not just once in a while this happened almost every time I went.
@congoclick7670
@congoclick7670 2 жыл бұрын
The person that gave the tip was mad that nobody wanted to let them play 😂😂😂😂
@evashimamura4001
@evashimamura4001 2 жыл бұрын
Great story! So happy for regular people to come out ahead.
@markchalled3976
@markchalled3976 2 жыл бұрын
You save the losing tix because you can use that loss against the gain. What a great story that he let others in on the opportunity that he had figured out.
@kymberlypray6985
@kymberlypray6985 2 жыл бұрын
Can’t wait to see the film starring Bryan Cranston and Annette Bening. _Jerry and Marge Go Large_
@tonygriffiths9907
@tonygriffiths9907 2 жыл бұрын
Hello beautiful 👋 how are you doing today ?
@xjcrossx
@xjcrossx 2 жыл бұрын
Is that a real thing?!
@StevieCooper
@StevieCooper 2 жыл бұрын
@@xjcrossx /woosh
@kymberlypray6985
@kymberlypray6985 2 жыл бұрын
@@xjcrossx Movie release is in one week - June 17, and also stars Michael McKean and Rainn Wilson. 🎬🍿
@xjcrossx
@xjcrossx 2 жыл бұрын
@@StevieCooper how is that a woosh?
@iamthirdyt
@iamthirdyt 2 жыл бұрын
It’s not that amazing to do the math, it’s the fact that these people had the patience and diligence to read the lottery rules. I was actually at MIT when my dorm mates hired people at the dorm to sort the tickets at minimum wage 😂 good memories. I had no idea they were winning so much.
@prst99
@prst99 2 жыл бұрын
I would have thought the MIT crew would have made a machine to sort the tickets. Haha
@Sarah-wt2zk
@Sarah-wt2zk 2 жыл бұрын
MIT and Harvard snobs. Typical
@xondeez757
@xondeez757 Жыл бұрын
@@prst99 yeah but it sounds like it was early 2000s. i dont think technology was that decent yet to make a machine that can scan numbers
@judymcpheron5955
@judymcpheron5955 2 жыл бұрын
I love this story. These people are down to earth and grounded! Worked hard and honestly their whole lives and love family over material goods. Very intelligent to put education first. This story made my day and warmed my heart. God. Bless them all. ❤❤❤ Now, please cover the college nerds and give us the scoop. Please don't leave anything out! Many thanks. 👏👏👏
@morrisd7135
@morrisd7135 2 жыл бұрын
Love the story, it’s great. How’re you hope friend and family are fine?
@OriginalBigThing
@OriginalBigThing 2 жыл бұрын
I am STRUCK by Marge’s Chicken Pot Pie coming out of that oven! Lucky, Lucky Guys!
@overallthis
@overallthis 2 жыл бұрын
Utterly fantastic story. Kudos for them
@georgfriedrichhandel4390
@georgfriedrichhandel4390 2 жыл бұрын
Lack of sales? Michigan most likely discontinued Winfall because it finally caught on that someone was beating the odds. These people found a way to always hit the jackpot on a slot machine.
@kevinsmithfan37
@kevinsmithfan37 2 жыл бұрын
na, because if they wanted to stop it all they would have had to do is cancel the rolldown on prizes once the jackpot hit $5m. i would say it was more they wanted to rebrand and go after those bigger headline wins rather then when a prize hits 5m because they were playing so many tickets they were likely not winning the jackpot, but draining the the pool of funds with tons of 5,4 and 3 winning numbers. that's not exactly good for the lottery because to sell the lottery to the average person the way you do it is with the idea of winning the big jackpot. if everytime the prize goes over 5m they do this they are likely messing with the ability to promote said big wins
@ccggenius
@ccggenius 2 жыл бұрын
The rolldown doesn't occur unless they receive a threshold of money. The state was NOT losing money on this exchange.
@Howiesgirl
@Howiesgirl 2 жыл бұрын
What an awesome story! My brain just can't comprehend any math that's more complicated than balancing my checkbook, so this story really impressed me. I wish I knew someone who could figure out a lottery loophole like that, cuz I'd definitely buy tickets!
@kingdingaling2469
@kingdingaling2469 2 жыл бұрын
You & Me both Darlene
@vgrepairs
@vgrepairs 2 жыл бұрын
this is just about the easiest math I've ever heard. don't let the interviewers amazement mislead you.
@Chandrika-22
@Chandrika-22 2 жыл бұрын
@@vgrepairs What was a "roll down?" And why is/was that advantageous? 🤔
@vgrepairs
@vgrepairs 2 жыл бұрын
@@Chandrika-22 Dude it's spelled out in the video. You want a timestamp?
@vgrepairs
@vgrepairs 2 жыл бұрын
@@Chandrika-22 2:40
@sngrytr1
@sngrytr1 2 жыл бұрын
What an uplifting story. Good for them.👍🏻
@jonnymcgrath4816
@jonnymcgrath4816 Жыл бұрын
Jerry just sounds like the actor from the movie 😂❤
@cassandrajackson8560
@cassandrajackson8560 2 жыл бұрын
The Lottery didn’t see these 2 coming. Amazing! 😂🤣😂
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah , The story was great love it. How're you ? Friends and family are staying safe?
@enough1494
@enough1494 2 жыл бұрын
Great story, keep these stories coming, we all need them! 👏💕🕊💋
@traceysouth1047
@traceysouth1047 2 жыл бұрын
I love that they are such low key , humble people. Kind of reminds me of my Dad.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah , The story was great love it and so happy for them. How're you ? Hope Friends and family are staying safe?
@MamaMia84oo7
@MamaMia84oo7 6 ай бұрын
I love how the old man laughs loll he literally laughed all the way to the bank what a genius.
@mamarobyn
@mamarobyn 2 жыл бұрын
I love this story so much! When she said she got a high I smiled!! Never too old to have fun!
@teresashortnacy9472
@teresashortnacy9472 2 жыл бұрын
Based on everything it appears that everybody won: Jerry and Marge, their friends, their kids and grandkids, the states that they played the game in, and the colleges. Well done. 👍
@apga1998
@apga1998 2 жыл бұрын
Actually, no. Most lost. A few people won......... again, again, and again.
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah, it’s a very great story and I love it. How’re you? Hope family and friends are doing great?
@prime8krish
@prime8krish Жыл бұрын
You assume money magically appeared?
@theofficialadhdteacher
@theofficialadhdteacher 2 жыл бұрын
I love how my dude is like, I don’t understand how no one else saw it.
@margeryfranko1850
@margeryfranko1850 2 жыл бұрын
I love this story. Nice one Jerry and Marge. Brilliant how you have helped your family, friends and community 💜😁
@wills242
@wills242 2 жыл бұрын
“Cuz I did a mental quick/dirty” Been there jerry, been there “We get a high” How can you not love these folks.
@idesofmarchUNIAEA
@idesofmarchUNIAEA 2 жыл бұрын
Pure Americana. Hopefully America will return to this type of person This is so cool beyond belief. Just simple honest American people 11:36 Ya want to look for corruption? Look inside your own state house buddy. 3:46 We should make him in the head of the economy in the United States. We would have a surplus is for centuries. Both of their responses are hysterical at times. I hope they live a long happy life. It's just good to see good people win. "At that point I told Marge what I was doing" you can't make this up. 😂😂😂😂😂😂😂
@KellyP_
@KellyP_ 2 жыл бұрын
I agree so much!! I chuckled when she said, "You get a little high from it!" Rich! Literally! Pure Michigan~
@kingdingaling2469
@kingdingaling2469 2 жыл бұрын
So cool. So happy for them and their friends because these people are not greedy. 🙏
@_A4A
@_A4A 2 жыл бұрын
Good for them! This actually made me happy that they won so much and shared it too!... 👍🏼👍🏼
@austinshane26
@austinshane26 2 жыл бұрын
It is pretty simple math but I've never heard of a "roll down" so apparently it's not that common and obviously since he did a story for 60 minutes and he's already exposed it therefore it will never happen in my state 😆
@kellyberry4173
@kellyberry4173 2 жыл бұрын
Love,Love,Love....to you both! From North Carolina ❤
@morris.d5562
@morris.d5562 2 жыл бұрын
Yeah , The story was great love it and so happy for them. How're you? Have a beautiful day. Hope Friends and family are staying safe?
@Skreamies
@Skreamies Жыл бұрын
Didn't let greed get to them, helped out the community they were in, had fun, didn't do anything illegal. Absolutely fair play to them, seem like some cool people!
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