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Australian man who won nearly $1 million in lottery gave it all awayReply
Todd is slow to put up a Top 25 until there's a juicy headline I suppose a bump partway through the drawing cycle is usually newsworthy, and a headline that writes itself, but I'd figure it's the size of the jackpot that really matters. A current jackpot pushing an older one off of the top 25 list seems like a good time to write the headline if it hasn't been written already. When simultaneous jackpots in both of the big games have pushed the old 24 and 25 spots off of the list I'd figure t
Sep 16, 2021, 10:40 pm - KY Floyd - Lottery News

Powerball Lottery Jackpot Grows to New Record of $340 MillionReply
Apparently, lots of players bitched about the new annuity payments, although they only changed those to respond to the other lot of players who bitched about inflation hurting the value of the annuity payments. Taken from Powerball's FAQ page:WHY HAS THE CASH JACKPOT GONE DOWN?Actually, it is the annuity jackpot that has gone UP. We start with the cash jackpot amount. In the Powerball game, thirty cents of every dollar sale goes into the cash jackpot pool. The difference between the cash jackp
Oct 16, 2005, 4:50 pm - ryanm - Lottery News

annuity
do you know of a online lottery that pay out annuity
Jun 28, 2004, 6:51 pm - bobo7703 - Lottery Discussion Forum

Mega Millions and Powerball offer $1.11 billion in combined lottery jackpotsNews Story
Chance to win $460 million tonight and $650 million tomorrow By Todd Northrop Lottery players have two massive multi-state jackpots to try to win this week, adding up to a whopping $1.11 billion in total. According to leading multi-state lottery website USA Mega , the Mega Millions jackpot sits at an estimated $650 million with a cash value of $308.6 million, while tonight's Powerball drawing offers a $460 million estimated jackpot with a cash option of $220.4 million. Powerbal
Mar 4, 2024, 7:20 am - Todd - Lottery News

Different totals in Jackpot AnalysisReply
The annuity value is dependent on the yield on the bonds/treasuries the would fund the annuity. This changes week to week. The lottery or MUSL gets quotes to determine the annuity factor for each draw, to determine the cash value needed to provide the stated annuity value. With a higher interest rate (and better economy) the cash value required is lower for the same annuity value. The relationship between the annuity and the cash value is also dependent on sales. Below around $90M annuity val
Jul 7, 2013, 2:19 pm - Jon D - Lottery Discussion Forum

$415 MILLION: 3rd-largest Mega Millions jackpot everNews Story
By Todd Northrop Lottery players across the United States will be lining up at lottery retailers for their chance to win Friday's massive $415 million Mega Millions jackpot, after nobody won Tuesday's $390 million grand prize. The cash value stands at a staggering $286.4 million. With the new Friday jackpot, both the annuity jackpot and lump-sum cash value are now in the top 10 United States lottery jackpots of all time. The annuity and cash values are also the third-largest Mega Millio
Jun 29, 2016, 10:12 am - Todd - Lottery News

Powerball Analysis Payout Amount by State
Powerball Jackpot for Wed, Jan 13, 2016 $1,400,000,000 $868,000,000 Gross Prize 30 average annual payments of $46,666,667 Lump-sum cash: $868,000,000 - 25% Federal Tax - $11,666,667 - $217,000,000 Subtotal $35,000,000 $651,000,000 - State Tax: Arizona: 5% State Tax for In-State Residents - $2,333,333 - $43,400,000 Your average net per year: $32,666,667 Your net payout: $607,600,000 After 30 payments: $980,000,010 Annuity Payment Schedule Non-Ari
Jan 11, 2016, 7:42 pm - FLATRANSPLANT - Lottery Discussion Forum

Something stinks with PowerballReply
From the Powerball website: WHY HAS THE CASH JACKPOT GONE DOWN? Actually, it is the annuity jackpot that has gone UP. Most people assume that we start with the annuity, but we really start with the cash jackpot. In the Powerball game, thirty cents of every dollar sold goes into the cash jackpot pool. The difference between the cash jackpot and the annuity jackpot depends on how much we can make in interest earnings. The more interest that we can make, the higher the annuity jackpot -
Jul 1, 2009, 6:26 pm - MaddMike51 - Jackpot Games Forum

Multi-state lottery games offer combined $800 million jackpotNews Story
By Todd Northrop Lottery fever is spreading across the USA with two huge jackpots adding up to $800 million. The ability to walk into a lottery retailer and purchase two separate opportunities to win nearly a half-billion dollars is unprecedented. This is only the second time in history that two US lottery games have combined to $800 million or more. Powerball grew overnight to $455 million for Saturday's drawing. Meanwhile Friday's Mega Millions jackpot stands at $345 million its highe
Mar 15, 2018, 9:03 am - Todd - Lottery News

$610 MILLION: Powerball lottery jackpot largest in ten monthsNews Story
13th-largest US lottery jackpot in history By Todd Northrop After a 34th-consecutive drawing without a winner, the Powerball multi-state lottery game now features a jackpot that will provide multi-generational wealth to the lucky player who eventually wins it all. After nobody won Saturday's $591.3 million grand prize, the Powerball jackpot increased to a staggering $610 million for Monday's drawing the 13th-largest US lottery jackpot of all time. But since most winners choose th
Oct 23, 2022, 9:43 am - Todd - Lottery News