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North Carolina woman wins largest Keno lottery prize in state history at $168,750
New record to beat in in-state Keno game By Kate Northrop A North Carolina woman set a new record for the largest win in the North Carolina Lottery's Carolina Keno game at $168,750. There's a new record to beat in the Carolina Keno game, with one lucky player setting the bar at a $168,750 win. Durham resident Tiffany Warner was the one to make Carolina Keno history on Friday afternoon when she bought a multiplier ticket during the final Carolina Keno Bonus hour promotion. To
Aug 29, 2023, 12:28 pm - Todd - Lottery News

thoughts on lottery syndicates
Wow, those are some pretty serious stakes. If I was in an office of let's say 10 people. We could each give $100 a month. That's $1,000 total. Then we would only play Megamillions because with the multiplier we could earn up to 5M on second tier prize. So two draws a week - 8 draws a month. $1,000 divided by $3 (cost of ticket with multiplier) we get 333.3 tickets a month. Divide the 333.3 with 8 draws, that gives us 41.6. So for each draw we could potentially buy
Aug 23, 2023, 12:36 am - JustMaybe - Lottery Discussion Forum

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn Tuesday
I am glad that we agree in part. It's also good that you said Ethics aside because where the rubber meets the road most rich people are only looking out for their interest. I am heavily involved with private foundations and over the years I can tell you for free that most rich people are not generous - they don't give because they have a generous heart, they give because of whats in it for them. The tax breaks. Im saying its available to you to decide how its spent. That right t
Aug 8, 2023, 10:02 am - JustMaybe - Lottery News

$910 MILLION: Mega Millions lottery jackpot making another historic run
That is so so true. I am 100% with you on this. The Texas player that added the multiplier won 4M in yesterday's draw. Texas does not tax the lottery so that's just federal tax at the max rate of 37% The winner will take home $2,520,000 after tax. Put the winning in a 12 month T.bills at 5.4% PA and you get $136,080. Assume the winner is single and that's the only income, so they will fall in the 24% tax bracket for 2023. That leaves them with $103,420.8 after taxes a
Jul 26, 2023, 4:18 pm - JustMaybe - Lottery News

Mega Millions Just The Jackpot
In my state the lottery commission offers an alternative to the regular $2 Mega Millions ticket. It's called Just The Jackpot . (I'll call it JTJ for short.) You get two tickets for $3, but you can only win the jackpot. Lower tier prizes are eliminated. Two interesting questions arise: (1) At what Expected Value of the Jackpot does the JTJ offer a better expected value of return per unit bet compared to a $2 regular ticket, and (2) At what Expected Values of the Jackpot do a regular $2 ticket an
Jul 16, 2023, 12:06 pm - Orange71 - Mathematics Forum

Illinois man celebrates Valentine's Day with $1 million lottery win three days after breakup
A date with Lady Luck three days after heartbreak By Kate Northrop On what he assumed would be a lonely Valentine's Day after having just gone through a breakup, an Illinois man is instead celebrating the holiday with a $1 million lottery win. Heartbreak was in the cards for one Illinois man, who was posed to spend Valentine's Day without a date after splitting from his girlfriend. However, he's hit the jackpot with Lady Luck this year, raking in a $1 million lottery prize three da
Feb 14, 2024, 11:53 am - Kate - Lottery News

New York man scoops up two $1 million Mega Millions lottery prizes
Winner takes nearly a year to claim prizes By Kate Northrop A New York man defied the odds by winning a $1 million Mega Millions prize in the lottery twice. Marco Accardo of West Hempstead claimed not one, but two $1 million Mega Millions prizes from a drawing that took place over an entire year ago. It was starting to look like a nailbiter Accardo had taken nearly a full year to come forward to claim the prizes from a drawing that took place last year on Nov. 1, 2022. Lottery wi
Dec 6, 2023, 12:57 pm - Todd - Lottery News

Texas Lottery pays out largest jackpot in state history with $360 million Mega Millions claim
South Dakota-based trust claims largest prize ever paid out to a Texas Lottery player By Kate Northrop A trust based in South Dakota made Texas Lottery history when they claimed a $360 million Mega Millions jackpot this week. The Blue Yucca Trust, of Rapid City, South Dakota, came forward to claim a $360 million Mega Millions jackpot and because the biggest lottery winner in the state of Texas, the Texas Lottery announced on Wednesday. On Oct. 6, 2023, one Quick Pick ticket match
Nov 16, 2023, 10:26 am - Todd - Lottery News

Massachusetts house cleaner finds $1 million winning lottery ticket, gives it to owner
Lucky winner has his housekeeper to thank for discovering the win By Kate Northrop A Massachusetts man said his house cleaner came across a winning lottery ticket worth $1 million that he had purchased months earlier and forgotten about. A housekeeper came across a $1 million winning lottery ticket while cleaning a home and brought it to their client's attention. Khalil Soussa of Medford didn't even know that there was a lottery ticket worth $1 million sitting right under his nos
Oct 25, 2023, 12:44 pm - Todd - Lottery News

$925 MILLION: Powerball lottery jackpot nears billion-dollar milestone
All that you have said is true and I totally agree with that. 441M is a huge sum of money. 278M after the taxes, is still a huge sum of money. I always ask myself, how much is enough? Is there an end to wanting more and more. If somehow you could spend 100K a month for ever, that is beyond anyone's wildest imagination. Now am speaking for myself, I don't want to complicate my life, I don't want to stay up wondering how my investments are doing, is the dip in the market going to wipe
Sep 30, 2023, 1:14 pm - JustMaybe - Lottery News