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At least 2 lottery winners will split record $370 million jackpot

Topic closed. 33 replies. Last post 10 years ago by Just6ntlc.

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New Member
Mountain View CA
United States
Member #50518
March 7, 2007
2 Posts
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Posted: March 7, 2007, 2:49 pm - IP Logged

Thanks for the reception...

If it was me... I would form a blind trust and let my attorney take care of it!...if, I had the winning ticket...which I don't!!!

The reason for my earlier post was that we are a lotto retailer and some of our customers were very upset with the fact that the "smaller" winning tickets could not be cashed until after 11 am.  I realize this is unusual, but, I don't understand why they can't share some information with us vendors. It seems to me that they could do better that's all.

 Oh, well... off to a cheap lunch... later

    MissNYC's avatar - diva
    Westchester, New York
    United States
    Member #49345
    January 27, 2007
    168 Posts
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    Posted: March 7, 2007, 3:00 pm - IP Logged

    Does anyone else feel a little sick looking at the Jackpots page?

    That red $358 million drop just jumps out at you!  Climbed so high, it had to come back down someday.

    I know!!! It should have at least gone to $15 million. I keep saying that these lotteries need to focus on high jackpots. People who want better odds with smaller prizes should just play something else. The crazy odds in this game make no difference to people once the pot grows so large and sales would probably be high on an average rate. I have a question though...if if rolled until Friday, it would have been $470 mil, now it's $15 mil, and the winners split $370 mil....so where did that $100 mil go?

      Raven62's avatar - binary
      New Jersey
      United States
      Member #17843
      June 28, 2005
      49699 Posts
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      Posted: March 7, 2007, 3:07 pm - IP Logged

      03/06 Results=16-22-29-39-42 MB-20

      Match 5+1 Winner:
      - Georgia (1)
      - New Jersey (1)

      Match 5+0 Winners:
      - California (9)
      - Georgia (6)
      - Illinois (3)
      - Maryland (1)
      - Michigan (3)
      - New Jersey (2)
      - New York (8)
      - Ohio (2)
      - Texas (7)
      - Virginia (1)
      - Washington (1)

      5+1 0,000,002 $370,000,000
      5+0 0,000,043 $250,000/$242,232
      4+1 0,000,319 $10,000/$8,616
      4+0 0,014,111 $150/$149
      3+1 0,015,589 $150/$137
      2+1 0,251,648 $10/$9
      3+0 0,692,511 $7/$7
      1+1 1,504,648 $3/$3
      0+1 2,852,862 $2/$2
      ====================
      TOT 5,331,733

      Jackpot Rolled Back to $12,000,000 for the 03/09 Drawing!

      A mind once stretched by a new idea never returns to its original dimensions!

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        California
        United States
        Member #46824
        October 1, 2006
        270 Posts
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        Posted: March 7, 2007, 3:17 pm - IP Logged

        I know!!! It should have at least gone to $15 million. I keep saying that these lotteries need to focus on high jackpots. People who want better odds with smaller prizes should just play something else. The crazy odds in this game make no difference to people once the pot grows so large and sales would probably be high on an average rate. I have a question though...if if rolled until Friday, it would have been $470 mil, now it's $15 mil, and the winners split $370 mil....so where did that $100 mil go?

        Miss NYC...that $100 million is still in our pockets.  There never was $100 million.  That was the estimated jackpot based upon sales for today through Friday. 

        Intererstig to note, if the jackpot (of $12 million) where to hit on the next draw, the lotteries would actually be in the red for Friday's draw.  I'm sure they could use some of the money from the last run to make it up.  The lotteries take a chance by starting out at $12 million and have caught up by the second draw.

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          NY
          United States
          Member #23835
          October 16, 2005
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          Posted: March 7, 2007, 3:48 pm - IP Logged

          They may not make 50% when the jackpot is hit on the first roll, but it's very unlikely that the lottery would be in the red.  The lowest  that ticket sales have been since CA joined is a bit over $13 million. The expected payout for smaller prizes is only 18%, which would leave more than $10.5 million which is more than enough to pay the jackpot and expenses.

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            Greenwich, CT
            United States
            Member #4793
            May 24, 2004
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            Posted: March 7, 2007, 4:14 pm - IP Logged

            Thanks for the prize breakdown, Raven.

            Looks like Californians got a relatively fair shake on the pari-mutuel prizes.

            45 tickets matched all five numbers.  With 46 mega balls and plenty of repeat numbers, it's easy to see how the jackpot could have rolled if a different gold number had come up.

              MissNYC's avatar - diva
              Westchester, New York
              United States
              Member #49345
              January 27, 2007
              168 Posts
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              Posted: March 7, 2007, 4:20 pm - IP Logged

              Miss NYC...that $100 million is still in our pockets.  There never was $100 million.  That was the estimated jackpot based upon sales for today through Friday. 

              Intererstig to note, if the jackpot (of $12 million) where to hit on the next draw, the lotteries would actually be in the red for Friday's draw.  I'm sure they could use some of the money from the last run to make it up.  The lotteries take a chance by starting out at $12 million and have caught up by the second draw.

              I see said the blind man to his deaf daughter who was listening to the radio!

              LOL

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                United States
                Member #10438
                January 13, 2005
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                Posted: March 7, 2007, 4:29 pm - IP Logged

                Match 5+1 Winner:
                - Georgia (1)
                - New Jersey (1)

                Match 5+0 Winners:
                - California (9)
                - Georgia (6)
                - Illinois (3)
                - Maryland (1)
                - Michigan (3)
                - New Jersey (2)
                - New York (8)
                - Ohio (2)
                - Texas (7)
                - Virginia (1)
                - Washington (1)

                5+1 0,000,002 $370,000,000
                5+0 0,000,043 $250,000/$242,232
                4+1 0,000,319 $10,000/$8,616
                4+0 0,014,111 $150/$149
                3+1 0,015,589 $150/$137
                2+1 0,251,648 $10/$9
                3+0 0,692,511 $7/$7
                1+1 1,504,648 $3/$3
                0+1 2,852,862 $2/$2
                ====================
                TOT 5,331,733

                Jackpot Rolled Back to
                $12,000,000 for the 03/09 Drawing!

                A mind once stretched by a new idea never returns to its original dimensions!

                 

                as ussaual  massachussetts  is right in the huntDead

                  MissNYC's avatar - diva
                  Westchester, New York
                  United States
                  Member #49345
                  January 27, 2007
                  168 Posts
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                  Posted: March 7, 2007, 4:37 pm - IP Logged

                  Does anyone else find it interesting that Ohio, the same state known to have had frequent mega millions winners in the past, balances the books for this lottery? I know the game is totally random, but at the very least, it is a strange coincidence.

                   

                  Thinking of...

                    Raven62's avatar - binary
                    New Jersey
                    United States
                    Member #17843
                    June 28, 2005
                    49699 Posts
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                    Posted: March 7, 2007, 4:42 pm - IP Logged

                    Match 5+1 Winner:
                    - Georgia (1)
                    - New Jersey (1)

                    Match 5+0 Winners:
                    - California (9)
                    - Georgia (6)
                    - Illinois (3)
                    - Maryland (1)
                    - Michigan (3)
                    - New Jersey (2)
                    - New York (8)
                    - Ohio (2)
                    - Texas (7)
                    - Virginia (1)
                    - Washington (1)

                    5+1 0,000,002 $370,000,000
                    5+0 0,000,043 $250,000/$242,232
                    4+1 0,000,319 $10,000/$8,616
                    4+0 0,014,111 $150/$149
                    3+1 0,015,589 $150/$137
                    2+1 0,251,648 $10/$9
                    3+0 0,692,511 $7/$7
                    1+1 1,504,648 $3/$3
                    0+1 2,852,862 $2/$2
                    ====================
                    TOT 5,331,733

                    Jackpot Rolled Back to
                    $12,000,000 for the 03/09 Drawing!

                    A mind once stretched by a new idea never returns to its original dimensions!

                     

                    as ussaual  massachussetts  is right in the huntDead

                    Late Breaking News:

                    5+1 0,000,002 $390,000,000

                    A mind once stretched by a new idea never returns to its original dimensions!

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                      New Member
                      NJ
                      United States
                      Member #50532
                      March 7, 2007
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                      Posted: March 7, 2007, 4:55 pm - IP Logged

                      Does anyone else find it interesting that Ohio, the same state known to have had frequent mega millions winners in the past, balances the books for this lottery? I know the game is totally random, but at the very least, it is a strange coincidence.

                       

                      Thinking of...

                      I read that fact today and said the same thing...it makes you wonder!

                        justxploring's avatar - villiarna
                        Wandering Aimlessly
                        United States
                        Member #25360
                        November 5, 2005
                        4461 Posts
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                        Posted: March 7, 2007, 5:03 pm - IP Logged

                        A couple of thoughts:

                        The NJ winner will pay no state tax on their prize, but the Georgia player will pay an extra 6% state tax on their prize.

                        If someone wins a share of the jackpot from California, they won't pay any state tax on the prize.

                        Also, Times Square continues it's winning streak.  Times Square is the place where jackpots go to die.

                        You have a point, Todd.  Believe me, I wouldn't complain if I had won in GA, but now the news is saying the jackpot was $390 million or $116.5 million cash for each winner.  So that's just about $7 million in state tax!  116.5 x 6% = 6,990,000

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                          Roslindale, MA
                          United States
                          Member #5377
                          July 1, 2004
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                          Posted: March 7, 2007, 5:47 pm - IP Logged

                          Not only did MA not sell a jackpot winner, apparently it was the only state not to sell a 5+0 ($250K) winner....Bang Head

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                            New Member

                            United States
                            Member #50534
                            March 7, 2007
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                            Posted: March 7, 2007, 5:52 pm - IP Logged

                            I noticed that also.........hmmmmm.... it does make you wonder!

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                              boston
                              United States
                              Member #5586
                              July 12, 2004
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                              Posted: March 7, 2007, 9:27 pm - IP Logged

                              Not even a second price in massachusetts. this was the last time i play MM, it doest matter how much you try how much money you lose playing you are never going to win the JP and you are never going to win the second tier and might never even win third price