Connecticut likely to stick with Powerball

Comment #17

CASH Only — Mon, 29 Aug 2005 13:35:40 GMT

My favorite was when the author mentioned the lump-sum payment fee .

Comment #16

JAG331 — Thu, 25 Aug 2005 14:06:01 GMT

There's an idea I'd go for

Comment #15

ryanm — Sun, 21 Aug 2005 05:29:27 GMT

lol

Comment #14

Rip Snorter — Wed, 17 Aug 2005 15:33:47 GMT

When will these journalists ever learn?Probably never. The younger ones were most likely educated in schools funded by lottery money.Jack

Comment #13

whodeani — Wed, 17 Aug 2005 15:10:37 GMT

I agree. These journalists who write these articles have no idea what they are talking about. They really need to educate themselves about cash vs. annuity. When you take the cash you are getting every cent the lottery commission starts out with if the annuity is chosen minus the taxes. When will these journalists ever learn

Comment #12

Just6ntlc — Wed, 17 Aug 2005 04:54:45 GMT

I'm happy to see CT keep PB in the game because they need to compete with MM. If CT had dropped PB, they could join MM or start their own lottery. Either way, CT made the right decision to stay in PB or go with MM with 176 million to 1 odds.

Comment #11

dvdiva — Wed, 17 Aug 2005 04:49:18 GMT

So with the back loaded annuity did the percent change for the cash prize

Comment #10

Rip Snorter — Wed, 17 Aug 2005 04:15:31 GMT

Another option might be to consider the alternatives available through the link Todd provided on the online lottery thread.Petitions mightn't move the State Lottery officials and PBMM folks, but watching the dollars trickle away to Canada and Europe almost surely would.Jack

Comment #9

weshar75 — Tue, 16 Aug 2005 23:08:27 GMT

I think it is funny that CT wants to leave the powerball since they just had a winner and their are still alot of states in powerball that have not won a jackpot in some time now. I think that they will stay in the powerball and go through the changes just like the rest of MUSL members will on the 29th.

Comment #8

qutgnt — Tue, 16 Aug 2005 22:53:42 GMT

Petitions should be formed to stop this false advertising of jackpots. Lets wake up and do it how they do it in Canada or Europe. For the lotteries to pay back such miserable percentages and then have us pay nasty taxes on top of it is totally disgusting. Every game should be a lump sum game, and if that kills the state lotteries so be it. No one is playing state lotto anyway. Everyone is playing either multi state or scratch offs. Have a group of about 5-6 musl lottos and do away with state

Comment #7

Bradly_60 — Tue, 16 Aug 2005 20:26:22 GMT

Powerball knows that almost all people take the cash. That is why they don't mind doing the jackpot in increasing payments. They just want to be able to increase the advertised jackpots quicker and higher.Brad

Comment #6

tg636 — Tue, 16 Aug 2005 18:58:19 GMT

With the so-called backloaded annuity, you would have to be insane not to take the cash. Who would want to be in bed with this gang of con artists for 30 years? A 30 year annuity with unequal payments is way too long and just reeks of chicanery to falsely elevate the advertised jackpot.

Comment #5

NoCompLotto! — Tue, 16 Aug 2005 15:17:25 GMT

Connecticut is a part of New England, , isn't it

Comment #4

CASH Only — Tue, 16 Aug 2005 14:45:14 GMT

Once again, the author is wrong about cash v annuity. Winners forfeit NOTHING by taking cash.

Comment #3

Chewie — Tue, 16 Aug 2005 12:23:21 GMT

Could they do that (dropping out of Powerball and joining Euro Millions)? Boy, that would stir the pot! There'd be hundreds of hours of enjoyment watching the flack

Comment #2

Todd — Tue, 16 Aug 2005 12:14:15 GMT

Now there's a novel idea

Comment #1

Rip Snorter — Tue, 16 Aug 2005 11:52:53 GMT

Too bad. Seems to me they'd be better served dropping out of Powerball and joining Euro Millions.Jack

Connecticut likely to stick with Powerball

Lottery Post — Tue, 16 Aug 2005 11:51:01 GMT

Connecticut gaming officials are ready to approve changes to the Powerball lottery, including steeper odds and back-loaded jackpot payments, despite concerns raised last month by Gov. M. Jodi Rell.Paul A. Young, executive director of the Division of Special Revenue, wrote to the governor late last week, saying that the alternative is for Connecticut not to participate in the multi-state lottery game.Young also wrote that the changes, which already have been approved by the other participating st... [ More ]