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$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
Man people must be bored of the big jackpots! It looks like the cash amount for tmrw is being reduced to 614 from 643. Estimated sales for tmrw drawing is $219M. If it rolls its going to 1.55B annuity with $679 cash and estimated sales for that one are $185M
Oct 6, 2023, 12:59 pm - SoCola - Lottery News

$1.2 BILLION: Powerball jackpot is 3rd-largest in game historyReply
This is from the Idaho Lottery website, wow! must be their way of generating lottery revenue. Each ticket is automatically 3 dollars. wow. so instead of 5 tickets being 10 bucks, its 15 dollars. Each play costs $3. Pick five numbers between 1 and 69. Pick one Powerball number between 1 and 26. If you'd like random numbers, ask for a quick pick. Multi-draw tickets can be produced for up to 15 consecutive draws. Drawings are Monday, Wednesday and Saturday. The PowerPlay option is automaticall
Oct 4, 2023, 9:06 pm - lottoman626 - Lottery News

Florida winner of $1.6 billion Mega Millions jackpot steps forward to claim prizeNews Story
Sole winner of behemoth jackpot comes forward just before the cash option claims deadline By Kate Northrop The winner of the third-largest lottery jackpot in history, the $1.6 billion Mega Millions prize won by one single ticket in Florida last month, has stepped forward to claim the prize. Officials revealed on Wednesday that the $1.6 billion Mega Millions jackpot won in August has been claimed, albeit anonymously. In Florida, lottery winners have 60 days from the draw date to c
Sep 29, 2023, 7:22 am - Todd - Lottery News

Iowa Lottery to add Double Play add-on feature to PowerballReply
Just want to add*** Double Play does not have an annuity like the main PowerBall draw. The 10,000,000 is $10,000,000 before federal state taxes which is a nice plus!
Aug 19, 2023, 12:30 pm - LottoChangeMyL - Lottery News

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
For those who this is offered, is anyone going to do 'Just the Jackpot?' Sometimes I do, but not certain if the IGT machine end of road even has this on the screen. Usually play it @ home, but no money in there to play!! It appears from their answer that Kentucky will cut separate checks for group play annuity win. Kind of surprised me. Will check later to see if they responded to my reply that if it were up to me it would be cash option multi checks cut...but I don't write the rules do
Aug 7, 2023, 12:27 pm - Bleudog101 - Lottery News

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
That would be a great idea. However, I think and I could be wrong, that they base the duration 29/30 years on the interest earned. That's why the cash option is significantly less because that's the cash in hand. The annuity option on the other hand is based on returns on the invested amount. Thus they need a bigger window for that and probably buy the 30 year Treasury Bond.
Aug 7, 2023, 10:04 am - JustMaybe - Lottery News

$1.25 BILLION: Mega Millions jackpot set to deliver unimaginable wealthReply
Looking at the top 25 list, I don't see Texas on there in the top 25 Annuity or Cash Value at all, as a Jackpot winner. New York has nothing in the top 10. PA has nothing.The current list shows winners from TN, SC and Maine in 3 of the Top 4 all time Jackpots that have been won. None of those states even have 3% of the nations population in them according to https://www.infoplease.com/us/states/state-population-by-rank Might have to respectively disagree with you on your analysis of small s
Aug 4, 2023, 12:41 pm - CDanaT - Lottery News

$875 MILLION: Powerball lottery jackpot surges on rolloverReply
LOL. OOPS. Yeah, the MM annuity is 560 M. Looked at the wrong number. Cash PB is $441.9. 63% Fed taxes, no state tax.
Jul 13, 2023, 8:38 pm - rcbbuckeye - Lottery News

$975 MILLION: Massive Powerball jackpot increases againReply
Just increased 40 million, Power Ball is coward and sucks!! That's almost half of the actual increase from Wednesday to Saturday. I wouldn't start at anything higher than that for a Monday drawing if I was in charge, because the jump is almost always smaller than the previous Wednesday to Saturday jump. When it's all done the cash jackpot is always the result of actual sales and the annuity is always the amount the cash can earn based on the current interest rates. Won't go out on a lim
Apr 1, 2024, 3:37 am - KY Floyd - Lottery News

Michigan woman finds out through Facebook that she won $1 million Powerball lottery prizeReply
Assuming no other income and using the head of household tax brackets (2024) Note that: my understanding is that second division Powerball payouts are the full cash amount and not an annuity) Federal tax = $326,493.40 State tax (6%) = $60.000 Total tax = $386,493.40 Or, cash in the hand after State and Federal taxes ($1,000,000 - $386,493.40 ) = $613,506.60
Mar 14, 2024, 1:41 am - kao1632 - Lottery News