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$206 MILLION: Mega Million lottery jackpot soars

Topic closed. 82 replies. Last post 5 years ago by Carl8080.

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KSplayer's avatar - lightening
KS
United States
Member #103006
December 29, 2010
108 Posts
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Posted: December 24, 2011, 11:21 am - IP Logged

I'm hoping to be Louisiana's first MegaMillions jackpot winner and a jackpot like this would be great for that!

I Agree! but hope it is Kansas and that i win lol! Santa

DREAMS DO COME TRUE!!!!!!!!!Blue Angel

    dpoly1's avatar - driver
    PA
    United States
    Member #66141
    October 16, 2008
    1672 Posts
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    Posted: December 24, 2011, 12:42 pm - IP Logged

    Everyone knows that it is time for PA to get the first Mega Millions win since joining!

      haymaker's avatar - Lottery-012.jpg
      Egg Harbor twp.south Jersey shore
      United States
      Member #112968
      June 29, 2011
      3850 Posts
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      Posted: December 24, 2011, 12:50 pm - IP Logged

      Yes, can some one explain to me why the MM Cash Option is always more than the PB Cash Option when they are at the same jackpot amount?

      Oogle

      i think this may happen cause on the annuity option the pb is invested for a longer time period,like 26 yrs.

      go jets

      go denver

      Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

        freeobama's avatar - Lottery-057.jpg
        Sunny part of town
        United States
        Member #102877
        December 27, 2010
        224 Posts
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        Posted: December 24, 2011, 1:00 pm - IP Logged

        EVERYBODY DO NOT WORRY I GOT THIS ONE!!!!ROFL

          Guru101's avatar - rw6jhh
          Indiana
          United States
          Member #48725
          January 7, 2007
          1953 Posts
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          Posted: December 24, 2011, 1:42 pm - IP Logged

          Yes, can some one explain to me why the MM Cash Option is always more than the PB Cash Option when they are at the same jackpot amount?

          Oogle

          This is from USAMega.com:

          Why is the Powerball cash value less than Mega Millions?

          You may have noticed that when Powerball and Mega Millions have the same annuity jackpot amount, the cash value for Mega Millions is higher.  But from an accounting perspective, you are looking at it backwards.  Most people think of the cash value as something that is calculated based on the annuity amount, but in fact the lotteries start with the cash value.  The advertised annuity jackpot amount is calculated based on the cash available for the jackpot, plus whatever interest will be generated over the annuity years.  So in reality, the question you should be asking is, "When the Powerball and Mega Millions cash values are the same, why is the Powerball annuity jackpot higher?"  And the answer to that question is that Powerball uses an annuity formula that lasts an additional 4 years, plus the annuity increases its payout every year.  So Powerball's annuity formula will generate more income over its lifespan than Mega Million's will.


          Btw, I'll be winning the $206,000,000 jackpot on Tuesday.Big Grin

          Gonna win.Big Smile

            psykomo's avatar - animal shark.jpg

            United States
            Member #4877
            May 30, 2004
            5113 Posts
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            Posted: December 24, 2011, 2:14 pm - IP Logged

            Happy New Year !  Dance

            I AGREE>>>>>>>>>!  DanceDanceDanceDanceDanceDanceDanceDance

            $206 MILLION give's psyko TICK "FEVER"

            Happy New Yeear>>>>>>>>>>!!!!!!!!!!!Party

            uttttttttttttttttttttttoooooooooooooooooooooooooooo<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<Todd............................................


              Avatar
              New York, NY
              United States
              Member #120649
              December 24, 2011
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              Posted: December 24, 2011, 3:00 pm - IP Logged

              31 Players won the second prize level. I wonder what's been the greatest number of second place winners without a jackpot winner.

                sandia's avatar - disney24
                TEXAS
                United States
                Member #107766
                March 13, 2011
                196 Posts
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                Posted: December 24, 2011, 3:22 pm - IP Logged

                I'm greedy.I'll settle for nothing less than the whole jackpot!

                 Cletus, you selfish hound! LOL, I am just joking. Something is telling me that even if you win the entire jackpot, you would still share with those whom you hold near and dear.

                   Good Luck Cletus and Merry Christmas.

                  sandia's avatar - disney24
                  TEXAS
                  United States
                  Member #107766
                  March 13, 2011
                  196 Posts
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                  Posted: December 24, 2011, 3:24 pm - IP Logged

                  31 Players won the second prize level. I wonder what's been the greatest number of second place winners without a jackpot winner.

                   Peppy, good observation! Hmm, makes you wonder, right?

                    sandia's avatar - disney24
                    TEXAS
                    United States
                    Member #107766
                    March 13, 2011
                    196 Posts
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                    Posted: December 24, 2011, 3:26 pm - IP Logged

                    Everyone knows that it is time for PA to get the first Mega Millions win since joining!

                    dpoly, as a Texan true and true, we are taking dips on that one. LOL

                       Good Luck everybody, don't forget the powerball tonight, the amount is staggering as well.

                      sandia's avatar - disney24
                      TEXAS
                      United States
                      Member #107766
                      March 13, 2011
                      196 Posts
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                      Posted: December 24, 2011, 3:27 pm - IP Logged

                      EVERYBODY DO NOT WORRY I GOT THIS ONE!!!!ROFL

                       Nah, free. You need to sit this one out.ROFL

                        maplesma1's avatar - 8ball
                        New Member
                        shawano, wi
                        United States
                        Member #120654
                        December 24, 2011
                        1 Posts
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                        Posted: December 24, 2011, 3:33 pm - IP Logged

                        One million will make me very happy for Chrismas

                        can i hve da other 205 mil then... lol

                          weshar75's avatar - Lottery-042.jpg
                          Mcminnville, Oregon
                          United States
                          Member #3013
                          December 13, 2003
                          3044 Posts
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                          Posted: December 24, 2011, 4:19 pm - IP Logged

                          Boy I would like to be Oregon's first mega millions winner this tuesday.  Good luck to all who play!-weshar75

                            Avatar
                            Oak Creek WI
                            United States
                            Member #5403
                            July 3, 2004
                            44 Posts
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                            Posted: December 24, 2011, 4:25 pm - IP Logged

                            My husband is also a Christmas baby, and next Friday is his last day of work he'll be retiring so he said this would make a wonderful birthday retirement present. Now all we need is the six numbers that they draw.

                              surimaribo24's avatar - photo11 zpsfffd70be.jpg
                              NEW YORK. RIVERHEAD
                              United States
                              Member #106371
                              February 17, 2011
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                              Posted: December 24, 2011, 4:31 pm - IP Logged

                              NOT ME!! Will take the $600 I hit last night, 3+ mega ball with Megaplier!!! Dance

                              way to go kapla congrats on your hit .. thats a sweet and smooth one for xmas ...

                              PETS#=105-215