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$1.05 BILLION: Mega Millions keeps rolling after no winner FridayNews Story
Now tied for seventh-largest lottery jackpot in history By Todd Northrop For the second time in less than two weeks a lottery jackpot has crossed into billion-dollar territory. Last night nobody won the Mega Millions multi-state lottery drawing, triggering another jackpot rollover that created a Tuesday jackpot estimated at $1.05 billion with a cash value of $527.9 million. Based on past multi-state lottery jackpots, that estimate may get a lot bigger by the time the drawing kick
Jul 29, 2023, 8:09 am - Todd - Lottery News

$910 MILLION: Mega Millions lottery jackpot making another historic runNews Story
Cash value worth nearly a half-billion dollars By Todd Northrop Just six months after Mega Millions delivered a $1.35 billion jackpot to one ticket sold in Maine, the multi-state lottery game came roaring back with a jackpot to be drawn Friday that is also nearing the $1 billion mark. When nobody won Tuesday night's $820 million grand prize, the Mega Millions jackpot grew to an estimated $910 million the largest since a January 13, 2023 $1.35 billion Mega Millions jackpot was claimed
Jul 26, 2023, 6:53 am - Todd - Lottery News

One ticket sold in California wins $1.08 billion Powerball jackpotNews Story
6th-largest lottery jackpot in history By Todd Northrop For the second time in less than a year, someone in California won a lottery jackpot worth more than $1 billion. After a run of 36 drawings without a jackpot winner, the 37th drawing of the multi-state Powerball game produced a single $1.0798 billion winner last night when one lottery ticket sold in California matched all five numbers plus the Powerball. The whopping jackpot is the sixth-largest the world has ever seen, and
Jul 20, 2023, 7:17 am - Todd - Lottery News

Virginia man who won $1,000 a week lottery prize in Cash4Life says it's just "good"Reply
I don't think most people understand how an annuity works. It is believed that if the state goes bankrupt then their lottery annuity will disappear. Also, no matter how old a lottery winner is, there is NO guarantee the person will live long enough to collect all the years of the annuity which ends in 20 years. Also a lottery winner only gets their annuity payment once a year. Most people want to regulate their own money instead of having it dished out yearly.
Dec 21, 2023, 2:27 pm - winterhug - Lottery News

$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

New Jersey Lottery bumps up Jersey Cash 5 jackpot to $1 million in new promotionReply
Is that jackpot an annuity, or cash value?
Jan 10, 2024, 12:48 pm - Wavepack - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
So the ratio of Cash to Annuity is now under 44%....THAT, is pretty sad.
Oct 7, 2023, 5:33 pm - CDanaT - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
It looks like the cash amount for tmrw is being reduced to 614 from 643. They are just being cautious. They're not being cautious. They're failing at accurately predicting sales. Higher interest rate means less cash needed to earn same amount. Higher interest rates mean the same amount of cash can buy a bigger annuity. The $1.4 billion annuity they're advertising was originally based on each dollar of cash buying $2.175 of annuity and having $643.7 million in cash. Rates have ch
Oct 6, 2023, 10:28 pm - KY Floyd - Lottery News

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
They raised the Jackpot to $1.58 Billion Annuity, $783.3 Million Cash Option! ( )
Aug 8, 2023, 8:22 pm - Big Joey - Lottery News