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$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
I wouldn't call it an adjustment, but it's not at all rare for the cash:annuity ratio to remain the same from one drawing to the next. According to the worksheets on the TX website the last two runs have consistently kept the same ratio for 3 consecutive drawings before changing for the next 3 drawings. What's unusual is a change as big as this one. The annuity estimate was increased by $70 million, while the cash value only increased by $13.8 million. We've seen mistakes in some of the reported
Apr 6, 2024, 1:27 am - KY Floyd - Lottery News

$1.7 billion in combined jackpots, as USA multi-state lottery games peak togetherReply
The cash option was increased to $467 million, but the annuity remained $977 million.
Mar 22, 2024, 12:49 pm - Todd - Lottery News

$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
It's very common, and in fact rarely is the cash and annuity adjusted proportionally. Many times the cash value changes but the annuity is not adjusted. Keep in mind they are both estimates, and we are strictly speaking here about numbers being adjusted prior to the drawing.
Apr 5, 2024, 12:55 pm - Todd - Lottery News

Mega Millions and Powerball offer $1.11 billion in combined lottery jackpotsReply
I see the MM jumped up tonight another $23 million Annuity and yet the cash only goes up $3.3 Million ??? The Cash to Annuity ratio fell almost a full 1 percent in 48 hrs
Mar 15, 2024, 1:33 pm - CDanaT - Lottery News

$1.7 billion in combined jackpots, as USA multi-state lottery games peak togetherReply
Once again, they've been fortunate enough that when interest rates changed sales magically increased exactly enough for the advertised annuity to remain the same. Assuming that current cash value is realistic the annuity would have been bumped to about 991.5 if the interest rate hadn't changed. If it rolls (about an 82% chance) it goes to $1.1 billion and $525 million cash.
Mar 22, 2024, 1:12 pm - KY Floyd - Lottery News

$935 MILLION: Powerball lottery jackpot nears billion-dollar milestoneReply
I feel this pot going to climb into the top 3 Maybe, but it needs to almost double, to about 1.815 billion to be in the real top 3, based on the current cash:annuity ratio. It will reach a billion by Saturday for sure. That would require actual sales to be almost twice as much as the original forecast. Call me crazy, but I think that seems just a tiny bit unlikely. Considering the odds are even higher for mega millions than they are for Powerball ... The very high odds for
Mar 29, 2024, 4:48 pm - KY Floyd - Lottery News

$1.3 billion Mega Millions lottery winner's family sues him for not sharing jackpotReply
Moral of the story: Tell no one that you've won the Lottery. Create a Trust. Do the annuity. Place the winnings into blue chip stocks and hold them for 30 years. Too bad no one sees it this way....
May 17, 2024, 1:12 pm - darthfury78 - Lottery News

The Idiot TaxReply
yeah, people have been complaining for decades that the advertised annuity prize is a far cry from what you actually get if you actually won. you're a bit late to the party, but there's still some bud light in the fridge.
Apr 1, 2024, 11:26 pm - Brock Lee - Lottery Discussion Forum

Mega Millions and Powerball offer $1.11 billion in combined lottery jackpotsReply
I liked it better when we weren't being lied to about the jackpots restarting at $40M ( last for the PB was on 2-15-2020) not the $20M(starting on 4-11-2020) figure they blamed on Covid. I also liked it better when the Cash to Annuity value was at 66% and not this mere 47% jargon.....Gotta take the good with the bad I suppose....Onward we go..Best of luck to everyone that participates.
Mar 5, 2024, 12:25 am - CDanaT - Lottery News

$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
The Saturday jackpot was raised to $1.3 billion , with a cash option of $608.9 million . I'm wondering if they managed a typo for the cash value. If the cash:annuity ratio stayed the same it would be $628.9 million cash. If it's really $6 0 8.9 that's a pretty big change in interest rates, and a fairly big coincidence that the difference is an even $20.0 million. The TX website hasn't posted the worksheet yet, but that should give us the answer if MUSL doesn't make a change first.
Apr 5, 2024, 12:51 pm - KY Floyd - Lottery News