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NewsResults 551 - 560 of 577 for annuity. (0.04 seconds)

Mega Millions Jackpot Raised to $222 Million
As of 11:30 a.m. today, lottery officials for the Mega Millions game announced that -- due to solid ticket sales -- the estimated jackpot for Friday, February 20 has been increased to $222 million.If one winning ticket matches all six numbers in Friday night's drawing and the player has selected annuity payments over 26 years, the $222 million jackpot would amount to pre-tax payments of roughly:$8.5 million per year,$164,200 per week, or,$23,450 per day.For those who prefer to take their cash wi
Feb 19, 2004, 12:04 pm - Lottery News

$85.5 Million Powerball Jackpot Won in New Hampshire
America's Game paid off big Wednesday night for one winning ticket sold in New Hampshire. That ticket is worth $85.5 million.The winner will have to decide if they want 29-year annuity or the cash option worth $46.5 million. The ticket holder will have 60 days after the ticket is validated to make that decision.This is the second jackpot win in the state of New Hampshire in the last 5 months. A $135.6 million dollar jackpot was won in the Granite State on August 30, 2003. Wednesday's jackpot is
Feb 5, 2004, 6:37 am - Lottery News

Ruling taxes lottery winner at higher rate
An Oregon Lottery jackpot winner is going to have to pay a higher tax rate after a federal appeals court rejected his argument the prize money should be taxed like an investment at the lower capital gains rate.J. Michael Maginnis won a record $23 million jackpot in July 1991 that he divided among himself, his wife and their three sons.Maginnis chose to receive his $9 million share in 20 annual installments, a typical payment schedule at the time for state lotteries, which purchase an annuity for
Feb 4, 2004, 5:33 am - Lottery News

Muskegon resident wins Michigan Lottery's '$2,000,000 Fortune'
William Schad of Muskegon now knows what it's like to feel like a million bucks actually, in his case, two million bucks! He became the Michigan Lottery's newest millionaire on Friday, January 16, 2004 while participating in a mid-court drawing at halftime during the Detroit Pistons vs. Washington Wizards NBA basketball game. No kidding! said Schad, upon learning he had been chosen as one of the five finalists for the Michigan Lottery's $2,000,000 Fortune grand-prize drawing. Holy moley! I
Jan 26, 2004, 7:24 am - Lottery News

Florida Mega Money game getting "way more mega"
The Florida Lottery announced today that beginning January 28, the Mega Money game is getting way more mega. The first drawing for the new game will be held Friday, January 30, 11:15 p.m. EST. I am pleased to announce exciting changes to the new Mega Money game, Florida Lottery Secretary Rebecca Dirden Mattingly said. We listened to our players in redesigning the game. They told us they wanted more ways to win and bigger prizes and we have given it to them. Top annuity prizes for the new Me
Jan 23, 2004, 8:47 am - Lottery News

Massachusetts man wins $1M lottery prize
Robert F. Brown Jr. doesn't know it yet, but he's got a free Boar's Head sandwich coming.It may not sound like much, but it's all Marissa and Glen Varney can do to say thanks to Brown for buying a winning $1 million lottery ticket in their Wrentham delicatessen, the Sheldonville Store.The Varneys, former chefs who live in Franklin, Mass., will get a $10,000 commission for selling Brown the winning ticket, said Amy Morris, a spokeswoman for the Massachusetts Lottery. When you tell people you own
Jan 9, 2004, 5:24 am - Lottery News

Grand Plans for $2.5 Million Lotto Winner
Issaquah woman looks forward to normal routine-with a lot of extrasJanette Bowe of Issaquah, Washington wants life to continue to be as normal as possible, but with a lot of extras. Winning a $2.5 million Lotto Jackpot, could mean the extras will become a normal part of Bowe's life, too.College education for Bowe's three children tops the list of extras. New automobiles, a new home, and a family trip to the Grand Canyon are also in the plans. We're a very close family, and we love to trave
Jan 3, 2004, 8:11 am - Lottery News

$221.5 million Powerball prize split between two tickets
Two winning tickets, one purchased in Pennsylvania and the other in South Carolina, will split the Powerball New Year's Eve jackpot worth $221.5 million.Thirty players correctly matched the five white numbers and won $100,000 each.Better-than-expected sales caused the jackpot to jump from the estimated $210 million to $221.5 million.The winners will have to decide if they want a 29-year, 30-payment annuity or the cash option worth $60.1 million each. They have 60 days after their ticket is vali
Jan 1, 2004, 2:42 am - Lottery News

Powerball Fact Sheet
Here's some interesting facts about tonight's estimated $210 million Powerball jackpot drawing.New Year's Eve Draw Information$210 million jackpot would rank as the 5th largest Powerball jackpot ever.It would also rank as the 7th largest lottery jackpot ever.This is the largest current lottery jackpot in the world.The estimated cash option is $113.9 million.The New Year's Eve draw will be the 16th draw of this jackpot run. The run started with the Saturday, November 8 drawing.There have been no
Dec 31, 2003, 3:09 pm - Lottery News

Powerball winners have cause for thanks
The lottery-winning Holdingford lunch ladies have lots to be thankful for this year.Armed with recipes, the women are ready for the holidays. The 16 Holdingford school district employees won half of a $190.9 million Powerball jackpot in October. Since then, they've traveled to Hollywood, but they hope to have a relaxing Thanksgiving closer to home.Fifteen of the 16 opted to take the single-payment cash option, which was worth $2.1 million apiece after taxes. The other was still deciding between
Nov 28, 2003, 6:12 am - Lottery News