|Posted: April 22, 2006, 4:10 pm - IP Logged|
This is a function of interest rates most likely and nothing else.
As determined from sales, the funded cash value as determined from actual sales (I don't track predicted cash amounts) of the second draw in the last run was $12.1M. According to the MA website, the predicted cash value here is almost $1M less, $11.3M. Unless the MM sells more tickets than expected, there will be no second draw value record.
Sales on the first draw were lower than the sales on the first draw of the last run. I realize that the predictions of the lottery rely on models that account for Monday/Friday effects, which I do not analyze, but I don't think there is a real record here, other than the marketing driven annuity figure. It doesn't actually mean that much.