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Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology... by Ian999 on Thursday July 09, 2020 @01:28PM (#23782647)
Hey Adam - what does "funding a jackpot via insurance" mean? Do you pay out $10m jackpots now or only when you hit a certain scale?
Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology... by adammoelis on Thursday July 09, 2020 @01:32PM (#23782694)
We pay premiums to an insurance co. and in the event someone wins the jackpot, the prize payment would come from them, not from Yotta.