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$1.1 BILLION: Massive Mega Millions drawing set for TuesdayNews Story
5th-largest lottery jackpot in world history Cash value is $568.7 million By Todd Northrop For the fourth time in the past two years 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 $1.1 billion with a cash value of $568.7 million. Based on past multi-state lottery jackpots, that estimate may get a lot bigger by the t
Jan 7, 2023, 6:56 am - Todd - Lottery News

$940 MILLION: Mega Millions lottery jackpot ready to make another billionaireNews Story
Cash value worth nearly a half-billion dollars By Todd Northrop Just four months after Mega Millions delivered a $1.34 billion jackpot to one ticket sold in Illinois, the multi-state lottery game came roaring back with a jackpot to be drawn Friday that could top $1 billion. When nobody won Tuesday night's $785 million grand prize, the Mega Millions jackpot grew to an estimated $940 million the largest since a July 30, 2022 $1.34 billion Mega Millions jackpot was claimed anonymously b
Jan 4, 2023, 8:09 am - Todd - Lottery News

$1 BILLION: Historic Powerball jackpot draw set for MondayNews Story
5th time a lottery jackpot has reached $1 billion By Todd Northrop The most commonly-heard phrase this week just might be, Did you get Powerball tickets? That's because nobody won the Powerball multi-state lottery drawing Saturday night, sending the Monday jackpot to heights only seen once before in the game's history. Monday's Powerball jackpot is currently estimated at $1 billion, with a lump-sum cash value of $497.3 million. And based on past multi-state lottery jackpots, th
Oct 30, 2022, 8:59 am - Todd - Lottery News

One Illinois lottery ticket wins $1.337 billion Mega Millions jackpotNews Story
Updated with final jackpot amount and retailer location By Todd Northrop After a run of 29 drawings without a jackpot winner, the 30th drawing of the multi-state Mega Millions game produced a single $1.337 billion winner last night when one lottery ticket sold in Illinois matched all five numbers plus the Mega Ball. It was the fourth time a lottery jackpot had grown to more than $1 billion, and the third time a single ticket won $1 billion or more. The winner of the unimaginable
Jul 30, 2022, 8:48 am - Todd - Lottery News

MEGA BILLION LOTTERY DRAWING FRIDAYNews Story
$1.025 BILLION Mega Millions jackpot is 4th largest the world has ever seen Cash value is $602.5 million By Todd Northrop The most commonly-heard phrase this week just might be, Did you get Mega Millions tickets? That's because nobody won the Mega Millions multi-state lottery drawing Tuesday night, sending the Friday jackpot to heights only seen three times before in history. The multi-state game is now sporting a jackpot of more than $1 billion, with a cash value of nearly
Jul 27, 2022, 1:59 am - Todd - Lottery News

$790 MILLION: Fourth-largest lottery jackpot in history to be drawn TuesdayNews Story
Cash value worth nearly a half-billion dollars By Todd Northrop After 28 drawings without a jackpot winner, the multi-state Mega Millions lottery game now boasts a swelling jackpot of $790 million that could instantly put someone among the wealthiest people on the planet. When nobody won Friday night's grand prize, the Mega Millions jackpot grew to an estimated $790 million the largest since a $1.05 billion Mega Millions jackpot from a Jan. 2021 drawing was claimed anonymously by a 4
Jul 23, 2022, 8:21 am - Todd - Lottery News

$940 MILLION: Mega Millions lottery jackpot ready to make another billionaireReply
Do you really think they revised their sales estimate to sell about about another $4 million worth of tickets and it's just a wild coincidence that the new annuity factor resulted in an annuity amount that's exactly what they advertised from the start? The same thing has happened several times recently. They make a sales forecast, advertise a cash value and an annuity based on the cash value and annuity factor, and then a bit later they post a different annuity factor with a new cash value t
Jan 7, 2023, 2:23 am - KY Floyd - 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

Joining a lottery club?Reply
They advertise that annuity to make the jackpot look bigger than it really is, like MM and PB do also. No winner has taken the annuity that I can recall. The cash amount is the REAL jackpot. If a winner was to take the annuity the cash amount is invested to pay the annuity.
Mar 30, 2023, 8:13 am - rcbbuckeye - Lottery Discussion Forum

One ticket sold in Maine wins $1.35 billion Mega Millions jackpotReply
People used to sell the remainder of the annuity fairly often back when the annuity was the only choice. The annuity is from buying very safe and conservative investments, so you can definitely find a better rate, but you'll give up some security. I seriously doubt that you could sell the annuity for more than the cash value because the buyer wants to make a profit, and has to accept some risk if they want a better return than the lottery accepts.
Jan 21, 2023, 1:50 am - KY Floyd - Lottery News