|Posted: August 7, 2016, 10:32 am - IP Logged|
Actually the annuity amount would increase by $15M from tonight's drawing.
The $15 mil increase must mean that more people bought tickets over Powerball's projected minimum threshold.
If you look back to the last time when the annuity jackpot began at $40 mil, it went from 40 to 50 to 60 to 70 to 80 to 90 to 100 to 110 and then when ticket sales picked up it went from 110 to 123 getting a $13 mil bump. and so on.....
If it was the cash value that got the $10 mil bump, the annuity jackpot amount would have increased about $14 mil with each rollover. It's only when ticket sales exceed the threshold amount that the annuity is increased more than the minimum increase amount of $10 mil.
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