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If no one wins tonight's MM

Topic closed. 6 replies. Last post 11 years ago by JAG331.

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md
United States
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April 20, 2005
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Posted: July 15, 2005, 3:33 pm - IP Logged

If no one wins tonight jackpot, what will the pot grow to, and what will the cash option payout be? 

I say $158,000,000 and cash option $88,000,000

    twisted's avatar - underground
    New Jersey
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    Posted: July 15, 2005, 3:38 pm - IP Logged

    I'm going to say $152 million to be on the safe side. Its really hard to tell how people in California will react (how many tickets they will buy) when they see a jackpot around $150 million.

     

    If the jackpot is $158 million, the cash value will be about $96,518,092. 

    If the jackpot is $152 million, the cash value will be about $92,852,848.

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      md
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      Posted: July 15, 2005, 3:50 pm - IP Logged

      How did you calculate this?  Just curious?

        twisted's avatar - underground
        New Jersey
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        Posted: July 15, 2005, 3:58 pm - IP Logged

        If you go to www.ohiolottery.com they give you a more accurate cash value. For the current jackpot of $122 million, they say the cash value would be $74,526,628. So I just divided the cash value by $122 million which gave me 61.0874 %. So the cash value is 61.0874 % of the annuity. I just multiplied $158 million by that percentage (.610874) to get $96,518,092. Ofcourse the % amount changes all the time but it gives you a little more accurate figure.

          Todd's avatar - Cylon 2.gif
          Chief Bottle Washer
          New Jersey
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          May 31, 2000
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          Posted: July 15, 2005, 4:31 pm - IP Logged

          <Moved to Jackpot Games forum>


            United States
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            June 2, 2005
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            Posted: July 15, 2005, 10:23 pm - IP Logged

            I say 145 million is my guess.

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              Greenwich, CT
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              May 24, 2004
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              Posted: July 16, 2005, 3:05 pm - IP Logged

              I say 145 million is my guess.

              Hey, the CA kid was spot on!  Good work!