The phrase "counts me out" is spelled phonetically as /kaʊnts mi aʊt/. The sound /kaʊnts/ represents the word "counts," which is pronounced with the diphthong /aʊ/ (like the "ow" sound in "cow"). The second part of the phrase, "me out," is spelled phonetically as /mi aʊt/ and is pronounced the same way as the word "out," with the addition of the pronoun "me." This phrase is used to indicate that someone does not want to participate in something.