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Maine couple claims $8.2M Tri-State Megabucks jackpot

Topic closed. 44 replies. Last post 4 years ago by helpmewin.

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Seattle, Washington
United States
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Posted: October 12, 2012, 9:20 pm - IP Logged

Well, congrats to them!  I hope they're smart & have already consulted an attorney & financial planner.

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    Chief Bottle Washer
    New Jersey
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    Posted: October 12, 2012, 9:22 pm - IP Logged

    I believe it was suppose to read $ 4,146,922 BEFORE taxes. Megabucks is one of those $2 games who only payout half in the cash option. Which is odd considering most of the other games pay quiet a bit more than half on the cash option.

    I don't think so.  Most cash values are higher than half these days, because annuity rates are so low.  Remember, the annuity is calculated based on the cash, not the other way around.

     

    Check the State Lottery Report Card
    What grade did your lottery earn?

     

    Sign the Petition for True Lottery Drawings
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      helpmewin's avatar - dandy
      u$a
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      Posted: October 13, 2012, 8:18 am - IP Logged

      Did the winners have to answer all those questions? No No ages of their daughters etc etc

      I am happy for the winners. I contributed to their jackpot. Hopefully I shall hit the jackpot this weekend Thumbs Up any jackpotJester

      I Agree no wonder some people want to stay anonymous, i mean really,, ages of your adult children LOL she couldnt even think how old they were LOL...i would say you can only ask me questions pertaining to the Lottery ONLY!

      Let it Snow Snowman

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        Texas
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        Posted: October 13, 2012, 9:29 am - IP Logged

        This lady, Mrs Linda Von Oesen, was so lucky.  She just picked numbers, actually, she lets the machine picked numbers for her, due to lazyness.  As everyone else feel, I am jealous of her destiny.  Not everyone got the chance to win a lottery jackpot.  But I will not stop from taking my chances on evey lottery plays...I will play for the rest of my life.

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          Oklahoma
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          Posted: October 13, 2012, 9:38 am - IP Logged

          Congrats to the winners

          I Love Pink & Green 1908

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            NH
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            Posted: October 13, 2012, 10:03 am - IP Logged

            I don't think so.  Most cash values are higher than half these days, because annuity rates are so low.  Remember, the annuity is calculated based on the cash, not the other way around.

            I just find it odd that Megabucks doesn't display the cash payout like all the other games do. And in their rules section they state that the cash payout is 50% of the jackpot.


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              Posted: October 13, 2012, 10:15 am - IP Logged

              I just find it odd that Megabucks doesn't display the cash payout like all the other games do. And in their rules section they state that the cash payout is 50% of the jackpot.

              I think we heard of this "rule" before, can you please tell us the rule number that is so we can go look at it?

                RJOh's avatar - chipmunk
                mid-Ohio
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                Posted: October 13, 2012, 10:29 am - IP Logged

                I don't think so.  Most cash values are higher than half these days, because annuity rates are so low.  Remember, the annuity is calculated based on the cash, not the other way around.

                Ohio does that with their Classic Lotto game.  I guess they don't want to be changing the formula every time the annuity rate change so they state on their website cash value is 50%.

                 * you don't need to buy more tickets, just buy a winning ticket * 
                   
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                  Posted: October 13, 2012, 10:38 am - IP Logged

                  Ohio does that with their Classic Lotto game.  I guess they don't want to be changing the formula every time the annuity rate change so they state on their website cash value is 50%.

                  That would make it easy to figure the cash pay-out, and roll the extra into the next prize.

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                    NH
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                    Posted: October 13, 2012, 10:53 am - IP Logged

                    I think we heard of this "rule" before, can you please tell us the rule number that is so we can go look at it?

                    I may have misunderstood the rule. On the New Hampshire website, rule no.5 (f) states that the MINIMUN cash will be 50% of jackpot. I still find it stetchy that they refuse to display the cash value on only the megabucks game. Before the game went to $2 bucks, they would display the cash value on the website. But its disappeared. I've emailed them a couple of times and they won't get back to me.

                      RJOh's avatar - chipmunk
                      mid-Ohio
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                      Posted: October 13, 2012, 10:53 am - IP Logged

                      That would make it easy to figure the cash pay-out, and roll the extra into the next prize.

                      Don't forget their main mission is to roll 50% or more back into the state's coffers.

                       * you don't need to buy more tickets, just buy a winning ticket * 
                         
                                   Evil Looking       


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                        Posted: October 13, 2012, 11:04 am - IP Logged

                        I may have misunderstood the rule. On the New Hampshire website, rule no.5 (f) states that the MINIMUN cash will be 50% of jackpot. I still find it stetchy that they refuse to display the cash value on only the megabucks game. Before the game went to $2 bucks, they would display the cash value on the website. But its disappeared. I've emailed them a couple of times and they won't get back to me.

                        I had a feeling there might be an extra word in conjunction with "50%" ............

                        Like RJOh said they may just avoid checking rates and doing the calculations over and over.....

                        besides, what if they quote one thing and the rates change before the pay-out?? What?

                          Artist77's avatar - batman14

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                          Posted: October 13, 2012, 11:46 am - IP Logged

                          This lady, Mrs Linda Von Oesen, was so lucky.  She just picked numbers, actually, she lets the machine picked numbers for her, due to lazyness.  As everyone else feel, I am jealous of her destiny.  Not everyone got the chance to win a lottery jackpot.  But I will not stop from taking my chances on evey lottery plays...I will play for the rest of my life.

                          Are you serious?  And as far as claiming everyone else is "jealous of her destiny", I am seeing quite the opposite from LP members. I wish her the best.

                          J'aime La France.

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                            Chief Bottle Washer
                            New Jersey
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                            Posted: October 13, 2012, 1:11 pm - IP Logged

                            I just find it odd that Megabucks doesn't display the cash payout like all the other games do. And in their rules section they state that the cash payout is 50% of the jackpot.

                            If they do a straight 50% calculation, then I would seriously consider taking the annuity.  The cash value these days (with poor rates) should be in the range of 65%-75% of the annuity jackpot.  You'll get a lot more value with the annuity.

                             

                            Check the State Lottery Report Card
                            What grade did your lottery earn?

                             

                            Sign the Petition for True Lottery Drawings
                            Help eliminate computerized drawings!

                              sully16's avatar - sharan
                              Ringleader
                              Michigan
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                              Posted: October 13, 2012, 5:52 pm - IP Logged

                              Congrats to the lucky couple, hope you enjoy your winnings.

                              Did you exchange a walk on part in the war ?

                              For a lead role in a cage?

                               

                                                                          From Pink Floyd's " Wish you were here"