The simple correction is that the pot doesn't live in your pocket. And the lottery don't offer a fixed jackpot, they offer the contents of the pot.
So a realistic correction of this, would be that for each $1 game, 50 cents goes in the pot, 50 cents goes in your pocket. If 3 people play and all 3 win, their payout is 50 cents. Obviously 50/50 odds lead to a disappointing game for the players - a bigger pot needs lower odds - but either way, the house never loses.
So a realistic correction of this, would be that for each $1 game, 50 cents goes in the pot, 50 cents goes in your pocket. If 3 people play and all 3 win, their payout is 50 cents. Obviously 50/50 odds lead to a disappointing game for the players - a bigger pot needs lower odds - but either way, the house never loses.