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Jackpot : Annuity vs cash value
There is a discussion in the MM thread about taking the annuity vs cash value. I thought taking the cash value is 100% the right decision. Long term investments will almost always beat the return of a annuity right?
Aug 8, 2023, 10:58 am - JWBlue - Jackpot Games Forum

$1.04 BILLION: Massive Powerball jackpot increases againReply
It's not greedy lottery administrators taking 50%. Watch this video produced by Lottery Post to find out more about Annuity vs Cash Value.
Oct 1, 2023, 7:03 pm - TheMeatman2005 - Lottery News

$800 MILLION: Powerball lottery jackpot surges on rolloverReply
Why is the cash amount so much less then only a few months ago. In July when the annuity prize was 830 million the cash prize was 488 million. now it is only 383 million for 800 million annuity. I would like to know why? I know it is the powerball vs the mega million but if you go back into the powerball history then you would see the same trend. Why almost 100 million difference?
Oct 27, 2022, 10:25 am - vcme99 - Lottery News

California Lottery announces group as winners of historic $1.765 billion Powerball jackpotReply
Cash value has been less than 50% for a while .. since interest rates started shooting up (big change from the COVID days of 83% :) But the hight interest rates is why the jackpots are so high (the return on annuity investments is earning a lot more.. 30 yr government bonds are over 4% now vs not much more than 2% during COVID
Mar 16, 2024, 6:28 am - kao1632 - Lottery News

Mega Millions - is a $1, $2, or $3 ticket the best value (EV)?Reply
Sorry, I messed up the Just the Jackpot (JTJ) pricing. It's $3 for 2 tickets, not $1 for 1 ticket. Comparing JTJ to regular ticket, then, we have the following equation for the equal EV / unit bet: (2/3)(kJ)p = (1/2)(kJ)p + A/2 Therefore, J = 3A/(kp). Comparing JTJ to Megaplier ($3) ticket, we have the following: (2/3)(kJ)p = (1/3)(kJ)p + (3A)/3 Therefore, again, J = 3A/(kp) To re-iterate Regular Ticket vs Megaplier: (1/2)(kJ)p + A/2 = (1/3)(kJ)p + (3A)/3 Once again,
Jul 27, 2022, 2:19 pm - Orange71 - Mathematics 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