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$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
Maybe after sales calculation it will be number two. The TX MM worksheet is reporting the supported jackpot as $1,588,588,007. If they manage that it wil be the #2 annuity by a modest margin, but even if it gets past 1.6 the cash will miss the 3rd place position by about $80 million and the 2nd place position by almost $200 million. A roll will give us an advertised jackpot starting at $1.8 billion, and $892.4 million cash. That will still be almost $100 million shy of 2nd place. It wou
Aug 8, 2023, 8:41 pm - KY Floyd - Lottery News

Did Michigan just lower their cash payouts?Reply
I forgot that there are people on here that clearly do not understand annuities. The Michigan annuity prizes pay out 33,333.33 per year for 30 years per million dollar prize. The annuity is now funded with a lower cash value! I do not believe they made the change based on interest rates but maybe they only increased the cash amount for their 50th anniversary celebration. They are always making changes and not telling the players so I can only speculate. My point being Michiga
Aug 2, 2023, 9:37 am - Think - Lottery Discussion Forum

$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
The Saturday jackpot was raised to $1.3 billion , with a cash option of $608.9 million . I'm wondering if they managed a typo for the cash value. If the cash:annuity ratio stayed the same it would be $628.9 million cash. If it's really $6 0 8.9 that's a pretty big change in interest rates, and a fairly big coincidence that the difference is an even $20.0 million. The TX website hasn't posted the worksheet yet, but that should give us the answer if MUSL doesn't make a change first.
Apr 5, 2024, 12:51 pm - KY Floyd - Lottery News

$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
In the top 9 for the Annuity or Cash Value ......... Very nice ! ! ! Good luck to all of us Let the games purchasing begin !!!!
Apr 4, 2024, 11:06 am - CDanaT - Lottery News

California Lottery announces group as winners of historic $1.765 billion Powerball jackpotReply
Cash value has been less than 50% for a while .. since interest rates started shooting up (big change from the COVID days of 83% :) But the hight interest rates is why the jackpots are so high (the return on annuity investments is earning a lot more.. 30 yr government bonds are over 4% now vs not much more than 2% during COVID
Mar 16, 2024, 6:28 am - kao1632 - Lottery News

Lotto JokesReply
Did you hear about MUSL's PB forecast for a rollover? The annuity will increase by $8 million but the cash value will only go up $4 million .
Dec 16, 2023, 12:33 am - KY Floyd - Lottery Discussion Forum

Poll: Classic Mega MillionsReply
Get your point. But...interest rates control the difference between annuity prize and cash value prize. MM cash value for Tuesday draw is $175.4 million. That's enough for me. In fact, at my age, $1 million ($630,000 after fed taxes) is enough for me.
Dec 3, 2023, 12:00 pm - rcbbuckeye - Lottery Discussion Forum

I will change the way I buy Cash4life tickets.
Here is how I buy my tickets on Friday. I buy at least 3 lines for 3 draws, Friday, Saturday and Sunday on one tickets. Now if I were to win at least the second prize on two of those draws, I believe I would only have one option on how to claim my prize. I think it would be smart if I won to keep my options open on how to claim and when to claim. If 2 second prize on one ticket I would have to claim 2 lump sum or 2 annuity. Now I will be playing my line on 3 tickets so I wou
Nov 6, 2023, 4:30 pm - wusonglin - Lottery Discussion Forum

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
Most in the press have rounded that number off to $1.73 billion. If it was a normal number 1.725 should get rounded up to 1.73 if that 3rd digit is a problem. In this case it's an advertisement, and even using the annuity that nobody's going to take they aren't planning on giving anybody 1.73 billion. I don't know about actual advertising, but the websites of a few states are calling it 1.72 billion. New Jersey's website lists it as 1.7 billion. Whether any of those lower numbers are the re
Oct 11, 2023, 7:38 pm - KY Floyd - Lottery News

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
Ooh yes, the annuity moved from 20M to 48M, wow that's awesome. I will get my ticket with multiplier incase I land a second tier prize
Oct 11, 2023, 9:55 am - JustMaybe - Lottery News