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If You Won BIG, Would You Perform Risk Management?Reply
A few factors would play into my path forward: 1. After tax amount won. Is it $200M take home? Taking the Annuity or Cash Value(roughly 46% of $200M) minus fed taxes ? 2. Estimation of years life left(plus 5). 3. Purchase of Gold and Silver to cover life expenses for at least 25 years - through private sales and places such as APMEX/Hero Bullion etc. 4. Cash on hand(depends on #1) 5. CDs at multiple local banking facilities 6. Hire the professional....There are numerous
Sep 24, 2025, 10:10 am - CDanaT - Lottery Discussion Forum

Powerball reaches $643 million: highest lottery jackpot of 2025Reply
Yep it's not even a top 25 jackpot per the cash value. What really matters is that the advertised annuity is #23 but the cash that a winner will almost certainly take is only #37. It's getting there, but as of now this one isn't a huge jackpot in terms of the biggest jackpots of the last few years. The 5% annual increase in payments makes the lump sum even less than it would be with constant annual payments. I'm surprised that you got that completely backwards. With fixed annual pa
Aug 21, 2025, 3:43 am - KY Floyd - Lottery News

Are you playing Mega Millions with the $5.00 per play?Reply
The cash value is only running at 10% of what it would be when it was at $2.00 a line. What are you failing to say correctly? Both annuity and cash value are lagging behind previous runs, but the cash value, as always, is the percentage of the annuity that it necessary to pay for the annuity. Right now that's about 44.3%. Although the MM jackpot may be lagging behind previous MM runs it's well ahead of PB on a per drawing basis. When the previous MM run was hit on the 21st drawing the adver
Jul 26, 2025, 1:09 am - KY Floyd - Lottery Discussion Forum

Powerball is coming to the U.K.Reply
Probably irritate alot of people if they won it right after joining, without contributing much of anything...lol Here's a fun fact: in the history of lotteries single winner has been somebody that that didn't contribute much of anything even if they played every drawing up until they drawing they won. Imagine if you're a resident of New York who plays the state lottery regularly and that state decides to open up to global online sales. You start seeing players in Turkey or South Korea w
Jul 8, 2026, 1:54 pm - KY Floyd - Lottery Discussion Forum

$12.8 million The Pick lottery jackpot dispute names two more people with possible claim to jackpotReply
Can they include me in the claim Why not? Upside: your claim is just as good as Kim's or Ybarra 's. Downside: in this case just as good means not even a snowball's chance in hell. why did she sign the ticket either before or after selling it to gawlitza? Common sense says that either she's a moron or she knew what was going on when Gawlitza wanted to buy tickets after the drawing. Maybe she's not a moron and it was her attempt to get a share of anything Gawlitza got. did
Jul 1, 2026, 2:22 am - KY Floyd - Lottery News

US Powerball multi-state lottery game expanding to the UKReply
Someone Above said if someone in Uk wins the lottery they can take the money and run away and not pay complete Federal tax later. And am thinking Now how can you run away in the first place when they gave you no Lump sum option only annuity. If you run away they freezes the rest of your Annuity Payments Ok when people win Powerball the top tax is like 37 percent. There are two ways to pay federal government. One way is the player pays 37 percent and the other way is l guess each sold t
Apr 18, 2026, 1:07 am - Powerball765 - Lottery News

Ten years later, Florida Lottery Millionaire Raffle is backNews Story
A whopping 2,000,000 tickets for sale and over $22.8 million in cash prizes By Kate Northrop After a ten-year hiatus, the Florida Lottery has brought back its Millionaire Raffle, giving players in the state the best odds at winning $1 million. The Florida Lottery's Millionaire Raffle has made a return after taking a ten-year break, and it's brought with it several cash prizes and multiple drawings. At $20 per ticket, players can enter for a chance to win $1 million, and there's a
Mar 11, 2026, 9:23 am - Todd - Lottery News

Arizona lottery retailer employee sued after buying $12.8 million ticket knowing it was a winnerReply
it was the first time a big winner was amongst the rejected pile. I think I remember a similar story in the past, but it's not a good enough memory to be very confident. Memory aside, probability suggest that it would he been for a smaller amount prize. I'm obviously not a lawyer but it's pretty obvious that the ticket belongs to the store. It was unsold at the time of the draw therefore the store had to buy it. I agree, but primarily for a different reason.According to the firs
Feb 28, 2026, 2:56 am - KY Floyd - Lottery News

Lottery is not random it's predeterminedReply
I've always believed that state lotteries truly want winners, especially big jackpot winners. What does rigging a draw do for the state? I think there are two obvious reasons for the lotteries themselves to rig the game(s). One would be so that a few insiders could divert prize money to themselves. The other, and better, IMHO, reason would be to allow a jackpot to continue growing in order to boost sales. The problem is that no matter how much the people running the lottery might apprec
Feb 11, 2026, 2:24 am - KY Floyd - Lottery Discussion Forum

I'm done playing the lotteryReply
I lied. THIS will be my last post about working for IBM! I decided to write it because of what I think will be some GREAT laughs. Hang in there while reading it because it will be lengthy. I worked for IBM for more than 30 years, most of which I spent working in and around IBM's massive data centers in New York. One raised floor I worked on was 100,000 square feet. (That's more than 2 acres) In that data center IBM had every kind of hardware and software you could possibly think of. There we
Jan 7, 2026, 11:49 pm - GiveFive - Lottery Discussion Forum