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Big Prize Winners on LPReply
Only a tiny percentage of members are active so even if several of the inactive members won a big prize , we'll never know. It looks like the consensus here is claiming anonymous or trying to remain anonymous as much as possible. If we assume that 50% are active in playing different lottery games If half the lottery post members bought two PB tickets each for last Saturdays drawing, it's only 0.76% of the total sales. Not saying nobody here won a big prizes, but a quarter of a million
Nov 7, 2023, 2:25 pm - Stack47 - Lottery Discussion Forum

Lottery Bible ~ Large PrintReply
The good news is everyone at your office is using deodorant. The bad news is nobody was wearing it before they returned to work in person. Unilever, the company that owns Dove, Axe, Rexona, and several other deodorant brands, said the post-pandemic return to offices led to a 15% surge in deodorant sales, boosting total sales at Unilever 5.2% to $16 billion in the latest quarter. People didn t buy deodorant as much when they were working from home, CFO Graeme Pitkethly said. . 015, 520,
Nov 3, 2023, 7:25 am - Harve$t Moon - Lottery Systems Forum

Decrease of cash valueReply
The cash value of lottery jackpots hasn't changed. It's still the same percentage of sales that it's been for several years, and only changes when the lotteries change the prize structure. The annuity is an investment, and how well it does depends on interest rates. Interest rates have gone up, so a given amount of cash buys an annuity with a higher total payout. That total payout is the sum of the actual cash and all of the interest earned by the cash because the lottery doesn't keep a penn
Oct 16, 2023, 7:44 pm - KY Floyd - Lottery Discussion Forum

$1.76 billion Powerball jackpot won by one ticket sold in CaliforniaReply
justadream; Before Primm opened , many from Nevada went to a small railtoad stop called Nipton, CA to play lotto . current informayion on the town now says the pop. is 15-20, it might have beem a few more than that before Primm opened. At the time there was no Primm on the CA/NV border selling lottery tickets, lotto sales in Nipron were said to top lotto sales in all of California.
Oct 14, 2023, 9:48 pm - Coin Toss - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
Man people must be bored of the big jackpots! It looks like the cash amount for tmrw is being reduced to 614 from 643. Estimated sales for tmrw drawing is $219M. If it rolls its going to 1.55B annuity with $679 cash and estimated sales for that one are $185M
Oct 6, 2023, 12:59 pm - SoCola - Lottery News

North Carolina Lottery approves online instant gamesNews Story
Additions to digital lottery games and sports betting sweeping the state By Kate Northrop The North Carolina Lottery has officially approved online instant games, to go into effect later this year. On Tuesday evening, the North Carolina Education Lottery Commission voted to expand its game repertoire by starting to offer digital instant games online. North Carolina lottery players may start to see new online lottery games beginning this fall or as early as Nov. 15, 2023. Inst
Aug 19, 2023, 5:22 pm - Todd - Lottery News

One ticket sold in Florida is sole winner of $1.58 billion Mega Millions jackpotReply
Including duplicate tickets, 57% percent of all the MM combos were sold so based on sales, only one winning ticket was expected. The July 29, 2022 $1.28 Billion jackpot had twice as many tickets sold. It's possible sales for the billion dollar jackpots are down because there is usually only one winning ticket. Both Michigan and Massachusetts discontinued games where when jackpots reached a prize level, the excess money was paid out to secondary prizes. It wasn't the same as having multiple j
Aug 10, 2023, 6:32 pm - Stack47 - Lottery News

CA SuperLotto slow-build 6 monthsReply
I finally managed to find the link to the lottery regs and financial reports, it's under about us. The latest version of the regs state The Cash Option for the Jackpot Prize is set prior to the Draw and is based on the estimated cost to fully fund the advertised annuity prize. They are stating that the lump sum amount is not based on sales, which we all knew because the jackpot annuity increases by exactly $1 million every drawing regardless of sales. As the interest rates fluctuate, t
Aug 3, 2023, 12:30 pm - cottoneyedjoe - Lottery Discussion Forum

$820 MILLION: Massive Mega Millions drawing set for TuesdayReply
If the interest rates didn't change, the reduced cash would mean that the annuity would also be smaller by about $7 million so I only see two possibilities. One is that they actually revised the sales estimate downward and the interest rate somehow magically increased exactly enough that the annuity purchased at a higher interest rate is the same as the one they advertised based on having more cash to buy it . The other is that the interest rate went up a bit, and they worked backwards from the
Jul 25, 2023, 10:21 pm - KY Floyd - Lottery News

$1 BILLION: Powerball jackpot hits milestone for 3rd timeReply
It went from $875,000,000 to $900,000,000 The real increase was from an actual annuity of 830 to an advertised annuity of 900, which is 7/8 of the 750 to 830 increase from Wednesday to Saturday. The final tally for Monday was actually 922, which is fairly impressive considering that sales for a Monday drawing have only been bigger than sales for the previous Saturday once. The jackpot should be around $1.6 - $1.9 There is no should. The jackpot is determined by how many tickets are
Jul 18, 2023, 4:36 pm - KY Floyd - Lottery News