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$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
In the top 9 for the Annuity or Cash Value ......... Very nice ! ! ! Good luck to all of us Let the games purchasing begin !!!!
Apr 4, 2024, 11:06 am - CDanaT - Lottery News

California Lottery announces group as winners of historic $1.765 billion Powerball jackpotReply
Cash value has been less than 50% for a while .. since interest rates started shooting up (big change from the COVID days of 83% :) But the hight interest rates is why the jackpots are so high (the return on annuity investments is earning a lot more.. 30 yr government bonds are over 4% now vs not much more than 2% during COVID
Mar 16, 2024, 6:28 am - kao1632 - Lottery News

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
Most in the press have rounded that number off to $1.73 billion. If it was a normal number 1.725 should get rounded up to 1.73 if that 3rd digit is a problem. In this case it's an advertisement, and even using the annuity that nobody's going to take they aren't planning on giving anybody 1.73 billion. I don't know about actual advertising, but the websites of a few states are calling it 1.72 billion. New Jersey's website lists it as 1.7 billion. Whether any of those lower numbers are the re
Oct 11, 2023, 7:38 pm - KY Floyd - Lottery News

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
Ooh yes, the annuity moved from 20M to 48M, wow that's awesome. I will get my ticket with multiplier incase I land a second tier prize
Oct 11, 2023, 9:55 am - JustMaybe - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
A winner who chooses the cash option would receive a lump-sum $643.7 million more than a half-billion dollars in cash! -- more than a half-billion dollars in cash! Well yes, but not really. Not after Uncle Sam takes his 37% cut. The 24% withholding would knock it down to a hair over $489 million, so you wouldn't even see a check for half a billion and be able to have that much in the bank for an afternoon. Another $14.4 million would let you at least handle a (fake, giant) check for hal
Oct 5, 2023, 1:37 pm - KY Floyd - Lottery News

$1.04 BILLION: Massive Powerball jackpot increases againReply
It's not greedy lottery administrators taking 50%. Watch this video produced by Lottery Post to find out more about Annuity vs Cash Value.
Oct 1, 2023, 7:03 pm - TheMeatman2005 - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionReply
G5...... If they are reasonably keen on being silent, they might have contacted Lottery Lawyer Kurt D Panouses down in Indiatlantic, FL. https://www.panouseslaw.com/ His site does show 4 trusts that he represented including the Nickel 95 trust back in 2016. With that sized jackpot getting $15 Million on the first annuity payout(after taxes) ain't too shabby.
Sep 23, 2023, 8:58 am - CDanaT - Lottery News

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
Why do so many talk about the billion jackpot amount so much? You have to win it first...I don't care if it is 1 trillion ..advertising annuity jackpot amount is part of their bag of tricks...no one gets that amount so why even mention it..advertise the cash only and leave it at that.. Winning is next to impossible given current game format. 40 rolls and we get one winner and 7 second places. Pathetic given how much money they made in 40 drawings combined. This is a bad game odds/payouts. It wil
Aug 9, 2023, 1:25 am - benmas - Lottery News

$1.25 BILLION: Mega Millions jackpot set to deliver unimaginable wealthReply
704M is a totally life changing amount - let's be real even 1M is a life changing amount for most of us. I was looking at the annuity then I saw that, I had not realized the difference could be that steep.
Aug 4, 2023, 5:21 pm - JustMaybe - Lottery News

$1.05 BILLION: Mega Millions keeps rolling after no winner FridayReply
What time shld I pick up my check? Doing annuity too much $$ to manage, in my late 50s
Aug 1, 2023, 12:08 pm - EnReval - Lottery News