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$36 million Mega Millions ticket sold in Florida goes unclaimedReply
This was the only unclaimed Mega Millions jackpot ticket in 2023 Only one? With just 6 jackpots in 2023 what are the odds that only 16.67% of them would go unclaimed? Using that math formula, 80% of $36 million is $28.8 million (which goes to education), and 20% is $7.2 million (going back to future prizes). Using a better formula 80% is $13.92 million because they're probably not going to put that money in to a 29 year annuity.
Feb 21, 2024, 1:41 am - KY Floyd - Lottery News

Virginia man who won $1,000 a week lottery prize in Cash4Life says it's just "good"Reply
I believe this happened in Va as well..... There was a story a few years ago where someone asked for a MM or PB ticket and by mistake the clerk hit the wrong button and printed a Cash4Life ticket. The customer didn't want the mistake ticket and the clerk paid for it. That night the mistake ticket won that clerk $7,000,000 since the ticket ended up winning the grand prize and he took cash value instead of the annuity.
Dec 25, 2023, 8:50 pm - TheMeatman2005 - Lottery News

New York man wins $10 million lottery prize for the second time in a yearReply
What is the likelihood of a billion dollar PB before Christmas? Zero. Just over a year ago it was advertised at $508 million and 5 drawings later it was at $1 billion. Last July it was advertised at $522 million and 7 drawings later it was at $1 billion. $500 million in early September, and it took another 10 to get to $1.04 billion. Higher interest rates have made the annuity value a bit bigger lately, but Christmas will be just the 5th drawing after Wednesday. Slim chance we could see it
Dec 13, 2023, 2:59 am - KY Floyd - Lottery News

Texas LottoReply
Winning numbers 1 14 17 22 35 52 Jackpot rolls to $25.75 million annuity $14.1 million cash.
Nov 27, 2023, 11:49 pm - rcbbuckeye - Jackpot Games Forum

Retailer mistake helps Illinois man win $25,000 a year for life in Michigan LotteryNews Story
A retailer's error is a lottery player's happy accident By Kate Northrop A store clerk's error helped an Illinois man land a $25,000 a year for life prize in the Michigan Lottery's Lucky for Life game. Just as famous painter Bob Ross once said, we don't make mistakes, just happy little accidents. The same could be said for one Illinois man who ended up winning a $25,000 a year for life Lucky for Life prize thanks to one such lottery retailer's happy accident. Illinois resident Mi
Nov 27, 2023, 1:25 pm - Todd - Lottery News

The Idiot TaxReply
Latest cash option: Pennsylvania: 3.07% state tax- $1,115,433 - $16,188,110 Your average net per year: $21,848,441 Your net payout: $316,084,765 After 30 payments: $655,453,230 Annuity Payment Schedule
Apr 2, 2024, 10:40 am - NeuralNetLottoB - Lottery Discussion Forum

$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

California Lottery announces group as winners of historic $1.765 billion Powerball jackpotReply
Funny that whether a ticket was a QP or not is sensitive information. They're treating it as sensitive information. I can't even begin to fathom how it could possibly be sensitive information. It could be a group of two people My wife and I are a group of two people. I suspect that's pretty common among married couples. Was it the cash value of the day of the drawing or the cash value of the day it (ticket) was cashed in? Here's a fun, and wildly surprising, fact: the cash
Mar 16, 2024, 2:31 am - KY Floyd - Lottery News

Florida Scratch Offs - Post Pictures if posibleReply
Here's the odds table for the new $50 500X (game #1555). Prize odds compared to the original 500X game are close, with some $ slightly better, and others worse...but $50K appears a bit better, although it's only a sliver of the game total. Slightly higher overall % payout over the original 500X results in a lower win odds on this new game, down to 1/4.2, vs the existing $50 odds of 1/.4.5 Note: There are LOTS more 500X wins in this version compared to the original, as the relatively o
Jan 14, 2024, 2:31 am - Cape $cratcher - Instant ("Scratch-Off") Games Forum