Search

ForumsResults 1 - 10 of 11 for cash value vs annuity. (0.01 seconds)

$944 MILLION: Mega Millions lottery jackpot set to make holiday wishes come true
I think you've got a tenuous connection with reality. The most recent jackpot to make it past $1.5 billion (annuity value, of course) was the 10/11/23 PB jackpot that got to $1.765 billion. The cash:annuity ratio for that one was even worse than the current MM jackpot (43.86% vs 44.89%) so that annuity value of 1.765 billion required even fewer tickets to be sold than what we'd need to see the same advertise jackpot today. The progression for that jackpot was $1.2 billion (probably pretty close
Dec 26, 2024, 6:23 pm - KY Floyd - Lottery News

Annuity or Cash Value
Certainly cash value for me because that is the only *real* number. And, I am not a spring chicken any more... And, as always, I fervently hope that the guy in Washington D.C. would issue an executive order making a mandatory interest rate of 0.00% for all lottery annuities and removing taxation for all lottery winnings, forever. That would end all of the foolishness about many people not understanding how the interest rates affect the advertised annuity value vs cash value jackpot amou
May 11, 2026, 10:45 pm - IAmABadOne - Lottery Discussion Forum

Arkansas lottery winner of $1.8 billion Powerball jackpot comes forward
For arguments sake let's say no one won pb last night .... and both jackpots rollover and over and over again ..... when would pb surpass mm on the road to a billion plus jackpot? Based on the recent runs that got big it would probably take about 7 weeks for PB to get bigger than MM, if they're about 210 and 270 at the same time. PB was at 207 on 10/06/25 and 5 weeks later it was at 490. MM was 277 on 8/29 and 5 weeks later it was 520. After 6 weeks they were at 570 and 575. After 7 weeks P
Jan 23, 2026, 11:46 pm - KY Floyd - Lottery News

Mega Millions confirms ticket price increase to $5, other changes coming April 2025
To be fair.. (re the $20m vs $40m starting jackpot) Currently the cash value is about 50% of the jackpot value. During peak COVID, the cash value exceeded 83%. remember, the jackpot is the value of annuity that the cash value could buy.. And it couldn't buy much (Treasury bonds were under 2% IIRC.) having a start jackpot twice what the cash value could buy is (sort of) asking for trouble (more money going out in prizes than is coming in as revenue) As for $50m start jackpot f
Oct 9, 2024, 5:30 am - kao1632 - Lottery News

Mega Millions and Powerball Race
The supported jackpot is $69.7 million whereas in the previous run, the supported jackpot was $66.9 million. And the cash value is now 41.9 vs 39.9. The annuity value is 4.19% higher than in the previous run, but cash value, which is a direct measurement of sales is 4.77% higher. That may be an indication that as players buy in when the jackpot gets bigger the $5 price becomes something they're okay with at lower jackpot levels, too. Or it might just be because very high jackpots tend t
Nov 30, 2025, 7:59 pm - KY Floyd - Lottery Discussion Forum

Mega Millions constant $10 million increases
A $2 prize (times whatever multiplier, so $4 to $20) for matching two white balls would add 18% to the value of all non-jackpot prizes in total. That's a lot for such a small win. More accurately a $2 prize for matching 2 white balls would reduce the money that goes to the jackpot by about 14.6%. That would reduce the current cash value of $67.9 million to $58 million. For those who believe the advertising it would reduce the current $150 million annuity to $128 million if they abandoned or
Aug 4, 2025, 3:19 am - KY Floyd - Lottery Discussion Forum

Virginia Mega Millions $348 million lottery winner plans to buy lawnmower with record prize
All this talk about annuity vs cash value and tax rates on sed winnings makes me think of one word. LIVERWURST! There I got that off my chest. The Shag has spoken .......
Aug 16, 2025, 10:05 pm - ShagE3 - Lottery News

Annuity or Cash Value
2 primary items are of concern for this participant when it comes to the choice of going with the C ash value vs Annuity . 1) Taxes 2) Age I know that the 37% tax figure will be addressed this year just 1 time and no state income tax. There are no assurances that my state(TN) couldn't implement a 1 time tax similar to what CA WA states are proposing or start a state income tax. I have no idea what the Fed tax rate in 5, 10, 15, 20 or 25 years might possibly change to either. https:/
May 9, 2026, 9:40 am - CDanaT - Lottery Discussion Forum

$1.8 BILLION: Powerball jackpot now second-largest ever as ticket sales surge across the USA
Massive sales triggers jackpot increase to #2 all-time 4th-largest cash value in history By Todd Northrop Due to a ticket-buying frenzy for Saturday's Powerball drawing, the Multi-State Lottery Association (MUSL) has raised the official Powerball lottery jackpot estimate to $1.8 billion, making it the second-largest lottery jackpot in world history. The all-important lump-sum cash value of the jackpot has been raised to $826.4 million, which is the fourth-largest lottery cash val
Sep 5, 2025, 11:21 am - Todd - Lottery News

$1.3 BILLION: Powerball jackpot soars to 5th-largest in game history
l asked my Ai very important question Good morning l have a good question. The Powerball jackpot is now $1,700,000,000 nobody won last night. So what will happen if the jackpot grows out of control to $5,000,000,000 curious Good morning! That's an excellent and fascinating question. The idea of a $5 billion Powerball jackpot is mind-boggling and pushes the limits of the lottery system itself. Here s a breakdown of what would likely happen if the jackpot grew to such an astronomical
Sep 4, 2025, 5:55 am - Powerball765 - Lottery News

Page 1 of 2