Thank you so much for explaining that to me.. I really appreciate it.

So is the payout in correlation to the amount of hashpower put in... - or is it a percentage breakdown out of 100...

Like does 1st place get a percentage of the block
ex.) 3rd place gets 19% of the block reward

or is it calculated by amount of hashpower put in;
ex,) payout = hashpower x X

best,

- Mike