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Like many other games, repeaters happen a lot. JPT has a overall repeat rate of 44.4%. (44.4% of all 315 drawings had at least one repeating number, so it pays to play repeaters.) G5
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Quote: Originally posted by GiveFive on Feb 6, 2022
Like many other games, repeaters happen a lot. JPT has a overall repeat rate of 44.4%. (44.4% of all 315 drawings had at least one repeating number, so it pays to play repeaters.) G5
When there is a repeating number in any JPT drawing, usually just one of the six winning numbers is a repeater. There have been drawings with two repeating numbers, but there have not been as many of those as draws with one repeating number.
Also when there has been no repeating number for two consecutive drawings, typically a repeater appears in the drawing after the second drawing without a repeater. As of right now, there have been two consecutive drawings with no repeating number. That makes me think that next Tuesday night's drawing will have at least one repeating number. I'm going to play one repeating number on all of the five lines I'm going to buy for Tuesday's drawing. G5
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Last Night: 5 14 21 25 30
Another rolldown last night. That brings the total number of rolldowns this year to 10 out of 38 drawings. (27%) That says almost 100 draws per year will have a rolldown, provided 27% is a good sample.
Two twenty's last night which brings their total to 11 and that ties them for the lead with the teens! G5
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No Jackpot Triple Play winner last night and the jackpot grew to $1.45 million.
If there is no jackpot winner for the what I believe will be the next five drawings, then on February 28th it might be advertised at $2 million. The last time that happened, the first draw for $2 million did not produce a winner. With the following draw for $2 million, somebody won it.
Here's a cut and paste from The Florida Lottery's website about what happens if there is no winner once the jackpot reaches $2 million;
If no JACKPOT TRIPLE PLAY ticket matches all six winning numbers, the top prize pool rolls over to the next draw until it reaches $2 million. After the JACKPOT TRIPLE PLAY jackpot reaches $2 million and there is no jackpot winner, the amount in the jackpot prize pool in excess of the funds required for a $2 millionannuity will roll down to increase the prize payouts on all of the lower-tier cash prizes. JACKPOT TRIPLE PLAY winners may choose to receive their portion of the JACKPOT TRIPLE PLAY jackpot in a one-time Cash Option payment or in 25 annual payments. The Cash Option payment is the amount required on the day of the drawing (or if the drawing is held on a holiday, the business day prior to the drawing) to fund the applicable jackpot prize over 25 years, less applicable taxes. JACKPOT TRIPLE PLAY jackpot winners who want to receive a single Cash Option payment must claim their prizes within the first 60 days of the 180-day redemption period. Applicable federal income taxes will be withheld from both Cash Option and annual payments at the time payments are made.
I found the part about taking the Cash Option interesting, and IMHO it's a clear as mud. My take on it is that if a player chose the Cash Option, they might not win the advertised $2 million. (Nobody ever receives $2 million anyway due to Federal Income Tax being withheld) What I'm saying is this that game might work like PowerBall and MegaMillions with regard to taking the Cash Option. In those games, the advertised jackpot amount will be paid out for the Annuity Option only. The Cash Option is always less than the advertised jackpot. From reading what The Florida Lottery put on it's website, I cant tell if JPT operates like PB/MM or not. G5
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Quote: Originally posted by GiveFive on Feb 9, 2022
No Jackpot Triple Play winner last night and the jackpot grew to $1.45 million.
If there is no jackpot winner for the what I believe will be the next five drawings, then on February 28th it might be advertised at $2 million. The last time that happened, the first draw for $2 million did not produce a winner. With the following draw for $2 million, somebody won it.
Here's a cut and paste from The Florida Lottery's website about what happens if there is no winner once the jackpot reaches $2 million;
If no JACKPOT TRIPLE PLAY ticket matches all six winning numbers, the top prize pool rolls over to the next draw until it reaches $2 million. After the JACKPOT TRIPLE PLAY jackpot reaches $2 million and there is no jackpot winner, the amount in the jackpot prize pool in excess of the funds required for a $2 millionannuity will roll down to increase the prize payouts on all of the lower-tier cash prizes. JACKPOT TRIPLE PLAY winners may choose to receive their portion of the JACKPOT TRIPLE PLAY jackpot in a one-time Cash Option payment or in 25 annual payments. The Cash Option payment is the amount required on the day of the drawing (or if the drawing is held on a holiday, the business day prior to the drawing) to fund the applicable jackpot prize over 25 years, less applicable taxes. JACKPOT TRIPLE PLAY jackpot winners who want to receive a single Cash Option payment must claim their prizes within the first 60 days of the 180-day redemption period. Applicable federal income taxes will be withheld from both Cash Option and annual payments at the time payments are made.
I found the part about taking the Cash Option interesting, and IMHO it's a clear as mud. My take on it is that if a player chose the Cash Option, they might not win the advertised $2 million. (Nobody ever receives $2 million anyway due to Federal Income Tax being withheld) What I'm saying is this that game might work like PowerBall and MegaMillions with regard to taking the Cash Option. In those games, the advertised jackpot amount will be paid out for the Annuity Option only. The Cash Option is always less than the advertised jackpot. From reading what The Florida Lottery put on it's website, I cant tell if JPT operates like PB/MM or not. G5
Just emailed The Florida Lottery asking if choosing JPT's Cash Option would result in an amount less than the advertised amount of $2 million be paid out. I'll post here their response. G5
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What's up with this???
If you look at the FF5 Top Prize Winners Report of The Fla Lottery website, page two shows the name of a guy from Miami Gardens winning $63,871 on February 3rd.
Then on page 7, the report shows the same guy's name and address winning $32,686 on December 30, 2021.
How lucky is he, or what does he know about FF5 that we dont????? G5
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Quote: Originally posted by GiveFive on Feb 9, 2022
What's up with this???
If you look at the FF5 Top Prize Winners Report of The Fla Lottery website, page two shows the name of a guy from Miami Gardens winning $63,871 on February 3rd.
Then on page 7, the report shows the same guy's name and address winning $32,686 on December 30, 2021.
How lucky is he, or what does he know about FF5 that we dont????? G5
Wow. I'm more surprised at how quickly he won the 2nd time. Quick Picks on both tickets from 2 different stores so he knows a lot about being in the right place at the right time!
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Quote: Originally posted by GiveFive on Feb 9, 2022
Just emailed The Florida Lottery asking if choosing JPT's Cash Option would result in an amount less than the advertised amount of $2 million be paid out. I'll post here their response. G5
I have not received a response from The Florida Lottery yet, but from looking at their app on my i-Phone I saw the following;
"All jackpot Triple Play prizes are pari-mutuel. The advertised jackpot prize will be paid in annual payments over 25 years, or as a single cash payment of a lesser amount." Ala PowerBall and MegaMillions.
That tells me that if a player wins ANY jackpot amount and takes the Cash Option (which is what I'd do) they won't win the advertised jackpot amount. Rather they'll win a lesser amount which will then have Federal Income Taxes withheld from the payment.
So how much is the lesser amount???? That would depend upon the size of the jackpot the player won. So for instance, if you won a $400,000 JPT jackpot and took the Cash Option, you will get less than $400,000 minus taxes. Kind of sux if ya ask me..... Gotta look closely at these games... Things aren't always what they appear to be. So you can basically ignore all the stuff I said about jackpots with JPT in my earlier posts because I didn't have a clue what I was talking about! G5
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Quote: Originally posted by GiveFive on Feb 9, 2022
I have not received a response from The Florida Lottery yet, but from looking at their app on my i-Phone I saw the following;
"All jackpot Triple Play prizes are pari-mutuel. The advertised jackpot prize will be paid in annual payments over 25 years, or as a single cash payment of a lesser amount." Ala PowerBall and MegaMillions.
That tells me that if a player wins ANY jackpot amount and takes the Cash Option (which is what I'd do) they won't win the advertised jackpot amount. Rather they'll win a lesser amount which will then have Federal Income Taxes withheld from the payment.
So how much is the lesser amount???? That would depend upon the size of the jackpot the player won. So for instance, if you won a $400,000 JPT jackpot and took the Cash Option, you will get less than $400,000 minus taxes. Kind of sux if ya ask me..... Gotta look closely at these games... Things aren't always what they appear to be. So you can basically ignore all the stuff I said about jackpots with JPT in my earlier posts because I didn't have a clue what I was talking about! G5
Well, I received an email response from The Florida Lottery, and all I can say is Thank God for my i-Phone and the fact that I have their app installed on it.
Here's a cut and paste of their response;
The cash option amount is not based on a set percentage, but rather is the amount required on the day of the drawing to purchase securities to fund the announced guaranteed deferred payment value of the jackpot prize paid over 30 years or 25 years, depending on the game. For FLORIDA LOTTO, and JACKPOT TRIPLE PLAY annual payment options, the Lottery will purchase U.S. treasury strips which will guarantee equal payments to the winner over a period of 30 years or 25 years, again depending on the game.
If I hadn't already seen what they put in their app with regard to my question of whether or not JPT operates like PowerBall and MegaMillions, I'd still be scratching my head because they somehow managed to answer a question I didn't even ask them! I didn't ask them a thing about the annual payment option! My question to them was; Does JPT work like PB/MM and if a player took the cash option, would they receive less than the advertised jackpot amount?
Why did I even think I could get a straight answer to a straightforward question??? G5
Oh, in case you're wondering, yes I'm going to buy some JPT tickets for tomorrow night's drawing. The advertised jackpot is currently $1.45 million which is still a lot of money even if they aint gonna give me that much if I win. You see, I can easily be bought..... I aint proud when it comes to big piles of money.
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Quote: Originally posted by GiveFive on Feb 10, 2022
Well, I received an email response from The Florida Lottery, and all I can say is Thank God for my i-Phone and the fact that I have their app installed on it.
Here's a cut and paste of their response;
The cash option amount is not based on a set percentage, but rather is the amount required on the day of the drawing to purchase securities to fund the announced guaranteed deferred payment value of the jackpot prize paid over 30 years or 25 years, depending on the game. For FLORIDA LOTTO, and JACKPOT TRIPLE PLAY annual payment options, the Lottery will purchase U.S. treasury strips which will guarantee equal payments to the winner over a period of 30 years or 25 years, again depending on the game.
If I hadn't already seen what they put in their app with regard to my question of whether or not JPT operates like PowerBall and MegaMillions, I'd still be scratching my head because they somehow managed to answer a question I didn't even ask them! I didn't ask them a thing about the annual payment option! My question to them was; Does JPT work like PB/MM and if a player took the cash option, would they receive less than the advertised jackpot amount?
Why did I even think I could get a straight answer to a straightforward question??? G5
Oh, in case you're wondering, yes I'm going to buy some JPT tickets for tomorrow night's drawing. The advertised jackpot is currently $1.45 million which is still a lot of money even if they aint gonna give me that much if I win. You see, I can easily be bought..... I aint proud when it comes to big piles of money.
Oh! There is something in their response that I believe is of value, but most players have no clue and frankly, could care less what it means.
It has to do with this sentence====> "but rather is the amount required to purchasesecurities to fund the announced deferred payment value of the jackpot prize over 30 years or 25 years," blah blah blah!
"purchase securities"? That simply means they are going to buy investment vehicles like stocks, bonds, mutual funds, treasury bills and other interest bearing investments to fund a bank account with your name on it. Once a year, for 25 years, they'll reach into that account and send you a check if you selected annual payments. If you opted for the cash, then they have to dip into their own funds to pay you you're lump sum, that's why it's a lesser amount than if you took the annual payments.
They'd much prefer that you take the annual payments, because if you do that, at the end of 25 years, they'll sell those investments they made on your behalf, and get their money back. If you take the cash up front, it's gone out of The State of Florida's hands forever....
I realize nobody cares about how players get their money if they win big. But never forget, the lottery is a HUGE money making enterprise that states rely on to bring in big bucks to their coffers. They're very serious about it because they depend upon that daily cash infusion they rake in every day.
Because they're so serious about it, it pays big dividends for you to be smart too. This is big money we're talking about. It aint kid stuff. G5
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Quote: Originally posted by fla33023 on Feb 9, 2022
Wow. I'm more surprised at how quickly he won the 2nd time. Quick Picks on both tickets from 2 different stores so he knows a lot about being in the right place at the right time!
Does the Florida terminals distinguish, between Quickk Picks and Partial Quick Picks?
For those that dont know, a partial quick pick is where you fill in the box for say the number 1.
Then you fill in the Quick Pick box.
The terminal will pick the remaining four numbers, but it still says quick pick.
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Quote: Originally posted by GiveFive on Feb 9, 2022
What's up with this???
If you look at the FF5 Top Prize Winners Report of The Fla Lottery website, page two shows the name of a guy from Miami Gardens winning $63,871 on February 3rd.
Then on page 7, the report shows the same guy's name and address winning $32,686 on December 30, 2021.
How lucky is he, or what does he know about FF5 that we dont????? G5
If you have his address. Have you thought of sending him a letter? You could say...
"Congrats on your win!! I am also an avid lottery player, using the Smart Luck Methodology. Can you give me some tips on your technique, I am about due for the big one, and any help would be greatly appreciated!!"
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Quote: Originally posted by JeetKuneDoLotto on Feb 10, 2022
Does the Florida terminals distinguish, between Quickk Picks and Partial Quick Picks?
For those that dont know, a partial quick pick is where you fill in the box for say the number 1.
Then you fill in the Quick Pick box.
The terminal will pick the remaining four numbers, but it still says quick pick.
There is no such animal as a partial-QP in Florida. In New York, where I once lived, I use to play partial QP's quite a bit.
When I moved here to The West Coast of Florida, I assumed that Florida had the same feature. So I went into a lotto joint with a Fantasy5 bet slip with only three numbers filled in.....
After the terminal rejected my bet slip, the clerk said to me "Ya gotta pick five numbers. You only picked three." So I told him all about NY's partial QP's.
"Well, that's nice, but this aint New York. It's Florida and I aint ever heard of a partial QP. "......
And no, the report that shows the guy's name that won two Fantasy5 QP jackpots in 35 days time doesn't list his home address. It just said "John Doe of Miami Gardens" The name and street address of the lotto retailer does appear in the report however. But I aint calling either of them and bugging them about it. G5
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This has absolutely nothing to do with playing the Florida Lottery but I couldn't resist!
Today's Wall Street Journal has a story in it about Starbucks and Dunkin' Donuts. They have boat loads of coffee they can sell you, but they're probably not going to to sell it to you!
That's because the new nationwide commodity shortage is paper cups! DD and Starbucks doesn't have many paper cups to put that coffee into and they are having a very hard time getting them....
Seems that Supply Chain problems coupled with paper mills that make the paper the cups are made out of, don't have enough workers to make the paper due to Covid.
The company's that make the paper cups which have a coating of "resin" on them , cant make the cups for two reasons; No paper and no resin! Last years deep freeze in Texas has made resin a very scarce commodity!
Maybe if you're lucky, next 4th of July, you'll be able to buy a paper cup of coffee with a "Merry Christmas" label on it because they do have those in storage waiting for next Christmas to send them to all Dunkin' and Starbucks stores to be used during The Holidays! Or maybe you could just bring your own cup to DD or Starbucks...
And then there's this: Starbucks buys 6 BILLION paper cups per year for you to enjoy your $7.00 cup of coffee! Better hope that you hit a FF5 jackpot quick, cuz you're gonna need that money... Bottoms up! G5