I’ve seen streamers on Twitch get huge donations before of 5k or more. Early days when Twitch first came out I used to stream WOT and play guitar in between rounds. I had some crazy dude from the Middle East donate me a legit $500 and I only averaged only 20 viewers max. So it’s totally believable.
Contrary to what most people believe it’s not just sitting there playing a game like you do at home. It’s 6-8 hours a day live and on point and on schedule. Show up late for this job and you will have hundreds or thousands of people shitting on you..lol. You are entertaining people, you have to talk to chat, you need to have something to grab people. The streamer may rely on being really good at a game, they may be funny, they may be assholes to everyone, it could be the streamers point of view on life, or the games they play, or the community the streamer builds.
Then if shit gets big you get partnered and get generally around half the take from each sub. A big streamer with 1k -10k subs each one automatically giving you $2.50 - $15 month. Yeah that’s some stupid cash. Donations are all outside of Twitch. It’s like giving a tip. To even get there you need to have good production. The opening video, logos, emotes, merchandise, secondary site to continue to generate traffic and a place for the community to grow. Also you need to setup a business, get your own insurance and taxes require a fuck ton of work. Even to have a good looking stream you need to have 2 PCs. One is a full on gaming rig and a 2nd rig with a good capture card that is actually streaming. Also don’t forget cameras, lighting, green screen, mics, sound processors, and audio capture. Then have backup plans if anything fails. Many of them have sponsors too. There are really only a handful of streamers making big bucks like that and it’s usually short lived.
basically imagine starting your own cable television channel supported 100% by the viewers and all done yourself. I guarantee all of the streamers actually making a living doing this are really smart and have insane passion and drive. If not they would have never made it.