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Annuity jackpot increased by 1 million but lump sum only increased by 100 thousands?

Topic closed. 5 replies. Last post 3 years ago by redhot7.

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redhot7's avatar - SetforLifeLogo
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June 17, 2011
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Posted: July 17, 2013, 11:19 pm - IP Logged

The California Super Lotto Plus jackpot increased from 33 millions to 34 millions but the lump sum option only increased from 19.9 millions to 20 millions. How come the lump sum option only increased by 100 thousands while the corresponding annuity option increased by 1 million?


    United States
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    July 25, 2012
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    Posted: July 18, 2013, 8:01 am - IP Logged

    Im just guessing that since the annuity is paid over time it would equal to that difference in the cash value taking up front....but like I said Im just guessing

      Jon D's avatar - calotterylogo
      Los Angeles, California
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      January 5, 2011
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      Posted: July 18, 2013, 8:45 am - IP Logged

      The California Super Lotto Plus jackpot increased from 33 millions to 34 millions but the lump sum option only increased from 19.9 millions to 20 millions. How come the lump sum option only increased by 100 thousands while the corresponding annuity option increased by 1 million?

      Where'd ya get 19.9 from? I show 19.3 last draw.

        redhot7's avatar - SetforLifeLogo
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        Posted: July 18, 2013, 7:42 pm - IP Logged

        Where'd ya get 19.9 from? I show 19.3 last draw.

        I am pretty sure it was 19.9 millions because I copied and pasted the number to my Excel before the drawing was closed.

          Jon D's avatar - calotterylogo
          Los Angeles, California
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          Posted: July 18, 2013, 8:30 pm - IP Logged

          I am pretty sure it was 19.9 millions because I copied and pasted the number to my Excel before the drawing was closed.

          I'm pretty sure you're mistaken.

          Do a Google search for "ca lottery superlotto plus cash value july 17 2013" and look at the content of the results.

          All the top results with cached info show:

          Jul 17, 2013. Estimated  Cash Value: $19,300,000

            redhot7's avatar - SetforLifeLogo
            California
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            Posted: July 19, 2013, 10:15 pm - IP Logged

            I'm pretty sure you're mistaken.

            Do a Google search for "ca lottery superlotto plus cash value july 17 2013" and look at the content of the results.

            All the top results with cached info show:

            Jul 17, 2013. Estimated  Cash Value: $19,300,000

            Thanks. I stand corrected.