Just curious on the MM/PB jackpots https://www.lotterypost.com/thread/331250 Lottery Post Forum Topic: Just curious on the MM/PB jackpots en-us Lottery Post RSS Generator Reply #4 https://www.lotterypost.com/thread/331250/6231970 https://www.lotterypost.com/thread/331250/6231970 Wed, 18 Mar 2020 22:39:24 GMT cottoneyedjoe MUSL and state lotteries invest some of their holdings to pay out annuitized prizes, I don't know what MUSL's particular investment strategy is, but the CA lottery used to have it on their site and a lot of it was bonds. Well, bond yields are in the toilet now, and the stock market just took a nose dive.

]]> cottoneyedjoe Reply #3 https://www.lotterypost.com/thread/331250/6230732 https://www.lotterypost.com/thread/331250/6230732 Tue, 17 Mar 2020 14:09:04 GMT CDanaT PB Jackpot for 3-18-20 is $130M Annuity to $101M Cash Value which equals .7769

MM Jackpot for 3-17-20 is $90M Annuity to $69.4M Cash Value which equals .7711

]]> CDanaT Reply #2 https://www.lotterypost.com/thread/331250/6226147 https://www.lotterypost.com/thread/331250/6226147 Thu, 12 Mar 2020 06:44:09 GMT KY Floyd Historically, somewhere in the low .6 range seems pretty common over the last few years, but there's been wide variation over the years. Just looking at the Wikipedia article on record jackpots the lowest ratio I found is an August 2007 PB jackpot. The cash value was $146 million, and the annuity was 314.3 million, for a ratio of just 46.45%. Flipped the other way around, the annuity paid out 215% of the cash value.

Recently the cash had been hovering around the high 60% range, and only climb... [ More ]

]]> KY Floyd Reply #1 https://www.lotterypost.com/thread/331250/6225396 https://www.lotterypost.com/thread/331250/6225396 Wed, 11 Mar 2020 13:10:53 GMT rcbbuckeye I noticed it too, but I can't say when it started to change. It is a result of changing interest rates to but the annuity based on the cash value.

I know I'm not interested in the annuity if I ever win. At my age, if I win, It's my money and I want it NOW

]]> rcbbuckeye Just curious on the MM/PB jackpots https://www.lotterypost.com/thread/331250 https://www.lotterypost.com/thread/331250 Wed, 11 Mar 2020 11:10:40 GMT CDanaT Perhaps I wasn't paying attention or missed the article/announcement. When did the PB and MM jackpots start going up to an 80% ratio of Annuity to cash value ? It was usually around the 66% mark or so I thought.

PB Jackpot as of 3-11-20 is $110M Annuity to $88.1M Cash Value which equals .8009

MM Jackpot as of 3-11-20 is $80M Annuity to $65.4M Cash Value which equals .8175

I went back to look at the last couple of comparable's

11-30-19 PB $110M Annuity to $75.8M Cash Value which equal... [ More ]

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