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$875 MILLION: Powerball lottery jackpot surges on rolloverReply
It is unlikely the jackpot annuity estimate will increase before the draw given interest rates have dropped.
Jul 14, 2023, 7:38 pm - winoneday - Lottery News

$875 MILLION: Powerball lottery jackpot surges on rolloverReply
The cash option was raised to $452.2 million for the Saturday drawing (raising the top-25 ranking to 12th), but the annuity did not change at $875 million. Likewise, the Mega Millions cash value for tonight's drawing was raised to $287 million, but the annuity did not change at $560 million.
Jul 14, 2023, 12:39 pm - Todd - Lottery News

$725 MILLION: Powerball jackpot now 11th-largest in historyReply
I would have said don't take annuity but something is saying take it for a reason.
Jul 11, 2023, 1:47 pm - wander73 - Lottery News

$725 MILLION: Powerball jackpot now 11th-largest in historyReply
I agree with you. It might be better for a younger person to take the annuity.
Jul 11, 2023, 9:26 am - PrisonerSix - Lottery News

Mega Millions and Powerball offer $1.13 billion in combined lottery jackpotsReply
I updated the story with the increased Powerball annuity and cash values. The cash value actually jumped one position in the rankings.
Jul 10, 2023, 12:27 pm - Todd - Lottery News

$910 MILLION: Mega Millions lottery jackpot making another historic runReply
This is indeed interesting. My understanding has been that tax is based on residence especially for the annuity after the first payment. I have read widely on Taxes and have wanted to know what are the best tax strategies. Unless the CPAs and CFAs are totally wrong, I don't know who to believe. Below is an extract and a link to some articles from Tax Advisors. @KY Floyd: let me know what your thoughts are after reading the below and the article. From a state tax perspective, an
Jul 28, 2023, 8:45 am - JustMaybe - Lottery News

Merry ChristmasReply
Ques to throw out for discussion: I win the Lucky for Life and choose the annuity (let's assume I'm young for the sake of this argument) Okay, 20 yrs has gone bye ..... I'm in my mid fifties let's say and I'm in good health ..... I decide to sell my annuity to some financial company ..... Is that even possible? I would think if it were it would be based on 20 more years of my life, right? Oh yeah, Merry Christmas all!
Dec 25, 2023, 6:42 pm - ShagE3 - Lottery News

$1.2 BILLION: Powerball jackpot is 3rd-largest in game historyReply
Sales are definitely down for this size jackpot Mondays are always slow compared to the other drawings, but tonight is Wednesday and they haven't raised the estimate at all. I'd still have thought it would finish out a bit higher, but a roll will mean an advertised jackpot of just 1.4 for Saturday. At this rate I'm not sure we'll see 2 billion by next Wednesday, assuming it keeps rolling. Of course they'll claim a new record if it makes it to 2.04001 billion, but with the current cash:a
Oct 4, 2023, 8:18 pm - KY Floyd - Lottery News

$925 MILLION: Powerball lottery jackpot nears billion-dollar milestoneReply
I think we're going to be looking at a new record. Annuity rates are high and sales are low. I think it could go the distance. Normies look at the annuity only anyways... People really do not understand how lottery tickets work. 2.5 bil advertised, 1.2 bil cash. Single winner. GA or TN. Scratch that FL or CA I'd love to see Ole California Edwin win it again and buy more Hollywood mansions. Maybe with his newfound wealth he could travel east and purchase the Biltmore.
Sep 28, 2023, 7:31 pm - adamc224 - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionNews Story
Winner might wait until last minute to claim lump sum unless they choose annuity By Kate Northrop Time is running out for the Florida winner of the $1.58 billion Mega Millions jackpot, who has two weeks left to step forward if they want the cash option of the prize. There's not much time left to claim the one-time lump sum option of the $1.58 billion Mega Millions jackpot, which was drawn in August. Unless the winner is planning on taking the annuity option of the jackpot, they b
Sep 22, 2023, 3:09 pm - Todd - Lottery News