The Invisible Hand

Omaze's $500M Charity Scam: Only 18% Actually Helps People

Published: September 9, 2026

Duration: 15:55

You dropped 20 bucks on that Omaze dream car giveaway thinking you're helping kids with cancer. Plot twist: less than 4 dollars actually made it to charity. In this episode, Emma Reid exposes how these feel-good sweepstakes are basically legalized gambling disguised as charity work. 🎯 What You'll Learn: • Why Omaze keeps 75-80% of every dollar you donate (and how they legally get away with it) • The real odds of winning that Tesla Model S (spoiler: worse than getting struck by lightning twice) • How Omaze raised $150 million last year but only $30 million reached actual charities • Which red flags to spot before your next "charitable"...