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$311 MILLION: Here comes Powerball

Topic closed. 95 replies. Last post 6 months ago by Artist77.

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Baton Rouge, LA
United States
Member #4602
May 7, 2004
700 Posts
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Posted: July 10, 2016, 6:28 pm - IP Logged

I play no matter what the jackpot is. I spend $10/week on the lottery and if I win small amounts, I roll it back in with more tickets. You never know.

Prisoner Six

"I am not a number, I am a free man!"

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    Grove City,Ohio
    United States
    Member #125421
    March 28, 2012
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    Posted: July 10, 2016, 7:21 pm - IP Logged

    I'm with you I spend $20.00 one I pick number and Machine picks, I thinking roll again on Wednesday $550 on Saturday, let's go

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      United States
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      December 13, 2015
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      Posted: July 10, 2016, 7:43 pm - IP Logged

      I'm with you I spend $20.00 one I pick number and Machine picks, I thinking roll again on Wednesday $550 on Saturday, let's go

      550?

        Coin Toss's avatar - shape barbed.jpg
        Zeta Reticuli Star System
        United States
        Member #30470
        January 17, 2006
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        Posted: July 10, 2016, 7:45 pm - IP Logged

        $311M for PB? Naw. 

        This is the time to hit MM at its $15M start point, hopefully before the $540M Indiana winner cones forward.

        Wink

        Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

        Lep

        There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

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          United States
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          December 13, 2015
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          Posted: July 10, 2016, 7:50 pm - IP Logged

          $311M for PB? Naw. 

          This is the time to hit MM at its $15M start point, hopefully before the $540M Indiana winner cones forward.

          Wink

          I hear ya

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            Simpsonville
            United States
            Member #163189
            January 22, 2015
            700 Posts
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            Posted: July 10, 2016, 7:53 pm - IP Logged

            I play no matter what the jackpot is. I spend $10/week on the lottery and if I win small amounts, I roll it back in with more tickets. You never know.

            The power of positive thinking.

              Kingofearth's avatar - Kinnak
              Upstate NY
              United States
              Member #174656
              May 5, 2016
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              Posted: July 10, 2016, 9:09 pm - IP Logged

              I'm with you I spend $20.00 one I pick number and Machine picks, I thinking roll again on Wednesday $550 on Saturday, let's go

              There's no way Powerball is gonna be able to roll to 550 by Saturday in the post Billion dollar jackpot world. If it rolls on Wednesday, it'll increase to maybe 365M at the most for Saturday.

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                Chattanooga, TN
                United States
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                May 5, 2009
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                Posted: July 11, 2016, 12:38 am - IP Logged

                As noted in his article, Todd wrote: "Sharp-eyed readers will notice that the Powerball annuity jackpot is suffering from the same difficulties that Mega Millions faced during its epic 35-drawing run that ended Friday. Sagging interest rates due to the poor economy are depressing the rate of return on invested lottery cash, causing the annuity jackpot to be raised much slower than it normally would."

                 

                Yes Todd we have noticed that. The ratio of cash to annuity is now up to 71.18971%

                I remember when that ratio used to be somewhere around 57%, but because of the interest rates being so low, it is now up over 71%

                Pay attention to the cash value. People that do not know any better are not going to play cause they don't know it's over 29 years. or whatever it is now...

                I always want to take the cash. It's better that way cause you are protected from skyrocketing taxes, either state or federal.

                Take the tax punch and run with the cash.

                Most take the cash anyways. Honestly I think they should get rid of the annuity... offer it at collection.

                Good Luck to All!!!

                  music*'s avatar - nw bookeep.jpg
                  Happy California
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                  Posted: July 11, 2016, 3:14 am - IP Logged

                  Pay attention to the cash value. People that do not know any better are not going to play cause they don't know it's over 29 years. or whatever it is now...

                  I always want to take the cash. It's better that way cause you are protected from skyrocketing taxes, either state or federal.

                  Take the tax punch and run with the cash.

                  Most take the cash anyways. Honestly I think they should get rid of the annuity... offer it at collection.

                  Good Luck to All!!!

                   What if a young person won? Maybe in her early twenties. She may want to take the 30-year plan.

                   We have to wait until the interest rates rise.

                    A win by a Californian would net him/her about $133.7 million from a PB win. I could live off a million for the rest of my life. I do have plans for the rest of it.

                   See you all in the winner's circle!

                   Chi ha danari, trova cugini. (He who has money finds many cousins.) Italian proverb

                    helpmewin's avatar - dandy
                    u$a
                    United States
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                    February 22, 2011
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                    Posted: July 11, 2016, 4:23 am - IP Logged

                    Powerball $311 Million Banana

                     

                     

                     

                     

                     

                    Good Luck everyone Lep

                    Let it Snow Snowman

                      helpmewin's avatar - dandy
                      u$a
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                      Posted: July 11, 2016, 4:26 am - IP Logged

                       What if a young person won? Maybe in her early twenties. She may want to take the 30-year plan.

                       We have to wait until the interest rates rise.

                        A win by a Californian would net him/her about $133.7 million from a PB win. I could live off a million for the rest of my life. I do have plans for the rest of it.

                       See you all in the winner's circle!

                      I think that's a great idea.

                      Let it Snow Snowman

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                        Republic of Texas
                        United States
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                        January 9, 2008
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                        Posted: July 11, 2016, 9:41 am - IP Logged

                        Actually, cash value is default if you buy a ticket in Texas on the vending machines. If you want the annuity, you have to go to the counter and specifically ask for it, unless you are filling out a slip with numbers. Then you have to mark either cash value or annuity.

                        I always play cash value. Even when I talk about the amount for the drawing. Powerball is $221.4 million. Mega Million is $10.5 million.

                        Have not bought tickets yet. $2 and a dream.

                        face

                        singlewinnersinglewinnersinglewinner   

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                          United States
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                          December 13, 2015
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                          Posted: July 11, 2016, 10:17 am - IP Logged

                          Buy. buy buy!Thumbs Up

                            Kingofearth's avatar - Kinnak
                            Upstate NY
                            United States
                            Member #174656
                            May 5, 2016
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                            Posted: July 11, 2016, 10:34 am - IP Logged

                            Actually, cash value is default if you buy a ticket in Texas on the vending machines. If you want the annuity, you have to go to the counter and specifically ask for it, unless you are filling out a slip with numbers. Then you have to mark either cash value or annuity.

                            I always play cash value. Even when I talk about the amount for the drawing. Powerball is $221.4 million. Mega Million is $10.5 million.

                            Have not bought tickets yet. $2 and a dream.

                            I'm grateful that the NY lottery doesn't require me to choose at time of purchase. I see the advantages and disadvantages of both and I'm gonna need a lot of time to decide.

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                              Grove City,Ohio
                              United States
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                              March 28, 2012
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                              Posted: July 11, 2016, 12:35 pm - IP Logged

                              Mega fewer rollover to powerball fewer. tickets cost twice as much let it soar, let it roar too