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Why GA-KY-VA Lose for Life will flopReply
I choose annuity when given the choice and I'm not going to boycott any game on the sole basis of whether or not that's an option. I don't play games with bad odds and better options elsewhere (a la DE Multi-Win Lotto). That being said, if someone buys me a ticket, I'm not going to be upset about it. The only time I might consider it is if the difference between the two is relatively small (ie: Hot Lotto $1M annuity vs. $500K cash) as I could make the difference easily in far less than 30 ye
Mar 2, 2006, 2:38 pm - rdc137 - Jackpot Games Forum

Why Would Anyone In Their Right Mind Choose Annuity instead of Cash Payout for Powerball?Reply
I would take the annuity if it were that big of a jackpot because after the first year I would be set for life anyway, all the other checks would just be icing on the already big enough cake. So it would not matter. Although I highly doubt anything is going to happen to the annuity and I doubt the tax rate is going up to 90% again, that was like one time back in the 40's I think. Look how much they make from PB and how successful it has been for so long. It just keeps getting higher and more suc
Jan 15, 2016, 5:47 pm - sirbrad - Jackpot Games Forum

POLL: Pick 5 JP of $1M vs Pick 6 JP of $2M
OK, here's the sutiation in Illinois tonight. Both of these games are drawn on Mondays. (Little Lotto is every day, Lotto is M-W-S) The Little Lotto jackpot is $1,025,000. It's a 5/39 game with a starting jackpot of $100,000 that progresses until hit. The odds against 5 out of 5 are 575, 757 to one. the Lotto is a 6/52 game that just got hit for $25,500,000 Saturday night and is back to its $2,000,000 srarting jackpot. Little Lotto is a one time cash payout on any jackpot.
Jan 5, 2009, 5:55 pm - Coin Toss - Jackpot Games Forum

Only $5 million increaseReply
intresting thing about powerball inflated annuity, mm catchs up ON THE 2ND roll! i give you the lastest cash amount for pb first 2 draws vs mm pb $9.9 Million pb $12.3 Million mm $7 Million mm $12 Million as you can see mega millions is all but catched up by the 2nd draw on the 3rd roll, MM just got the lead and is not letting pb beat it ever again in cash , so mm= better jackpots overall going in deeper into it: pb inflated annuity really starts g
Feb 14, 2010, 12:21 pm - joshuacloak - Jackpot Games Forum

18.4 MILLION Michigan Classic Lotto 47 Jackpot!!Reply
Well, good luck. However, I sure hope you don't live near me. You'd probably freeze to death like that and we'd have to look at your naked cavorting body until spring. However, I'm looking to win that one, too. Only I won't be cavorting naked in my front yard. I might have considered my back yard, but the neighbor's tree fell on my fence during the big blow over the holidays. Probably will just take a trip somewhere warm, lounge around, and sip on some amoretto sours.... So the big questio
Jan 6, 2009, 12:26 am - Piaceri - Jackpot Games Forum

PB lower odds = greater payout than MM??Reply
One can calculate an expectation value, which is the potential reward vs. the risk (i.e. the odds). In general, if the cash values are equal, the expectation value for PB is better than that of MM. However this is not always the case. The expectation value of either game seldom rises above 1.00, at which point the game is considered a good bet. Because of long odds, such a value is only approached when the jackpot is in the $300 million annuity range. It is not possible however to as
Sep 28, 2006, 2:55 pm - Prob988 - Jackpot Games Forum

It now appears certain that Megamillions will go 6 months...Reply
i rather liked how powerball turned out going by must recent draws 7th draw powerball was at 63,500,000 cash jan 19th 7th draw for MM = 41,000,000 cash jan 11th cant compare the Annuity ,there so diff but 2 buck price point has proven it self ............. and mega millions can quickly catch up and go beyond sometimes if it ever gets higher, come 200/300m range as it sure set record back in late 2011 /early 2012 run that set the world record has proven i
Mar 5, 2013, 4:12 am - joshuacloak - Jackpot Games Forum

How would you design a game so more people win?Reply
can't be done , the must simple thing your asking for is already here its called, raffle games everyone gets a ticket and their a lot more top winners the real issue is this, You Cant have the sells of powerball and mega millions giving a small army of winners WITHOUT the Large singe jackpot , this is reality, We Are Greedy, We See Big Numbers, We Buy More People don't spend money on lottery games if they SEE LOW NUMBERS powerball has already tryed to pass the winning
Jan 29, 2011, 10:35 pm - joshuacloak - Jackpot Games Forum

28 most common questions about Powerball
From the Powerball website. A couple of them are below, all 28 are listed on the link. I'm putting this in Lottery Discussions and not Jackpot Games because I'm sure at least a few of them apply to all lotteries: CAN I REMAIN ANONYMOUS WHEN I HIT THE JACKPOT? All but three states (DE, KS, ND) have laws that require the lottery to release the name and city of residence to anyone who asks. One state (SC) will keep your name secret if you request it, but if someone files a Fre
Jan 13, 2007, 10:17 pm - Coin Toss - Jackpot Games Forum

This question might have been answered
So, lets say someone on here hits, lets say I hit not the jackpot, I hit only 5 numbers on megamillions. Yes keep laughing. I see that most people will take the cash vs annuity unless they want to hide something. it depends. I know what usamega says, might have to look. I might have to ask another accountant I know or someone else. What is the remainder after taxes from that state are taken out? So the payment amt is $1 million. ( multiplier 2 3 4 5) i'm not ta
Jul 24, 2023, 2:53 pm - wander73 - Jackpot Games Forum