Earlier quoted context omitted.
No, that comment sounds like the insurance job described in Fight Club[1] > Narrator: A new car built by my company leaves somewhere traveling at 60 mph. The rear differential locks up. The car crashes and burns with everyone trapped inside. Now, should we initiate a recall? Take the number of vehicles in the field, A, multiply by the probable rate of failure, B, multiply by the average out-of-court settlement, C. A…
A farmer's donkey dies. His son gets an idea on how to make some money. Sometime later he turns up at dinner with $200. "Where did you get that money?" His father asks. "I sold raffle tickets for the donkey" his son replied. "What?!?" Shouts his father. "You can't sell raffle tickets for a donkey that you know has already died! Weren't people mad?" "Just the guy who won" said the son, "so I gave him his money back."
But with a raffle, the 'take' can easily exceed the cost of the prizes. So I guess the son would still make out ok.