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ForumsResults 21 - 30 of 145 for annuity. (0.03 seconds)

New Hampshire Lottery launches $30 scratch-off ticket offering record $3 million top prize
Tucker is right. The cash jackpot is the real jackpot. If a winner chooses the annuity the cash amount of the jackpot is simply invested to pay the annuity. The annuity payout is promoted in advertising jackpots to look better.
Apr 9, 2026, 8:25 am - rcbbuckeye - Lottery News

No winner again: Powerball jackpot hits $1.6 billion in longest-ever rollover run
Estimate was way off. They missed by even more in than MM missed back in October 2018 when they advertised a $1.6 billion jackpot and only managed 1.537. Depending on the metric you choose PB missed by almost 2 1/2 times as much as MM did. MM advertised an annuity increase of $600 million and missed by 10.5%. Powerball advertised a nominal annuity increase of $250 million and missed by 26%. Could be an indicator of lotto fatigue. Jackpot growth has definitely slowed down in general
Dec 22, 2025, 2:41 pm - KY Floyd - Lottery News

$1.8 BILLION: Powerball jackpot now second-largest ever as ticket sales surge across the USA
HLK.....Perhaps you take the annuity and for the first year pay your 6% . Then move to CA for the remaining 29 payments. That first annuity payment of $27M isn't anything to snicker about BUT will always be your lowest tax payout.
Sep 6, 2025, 10:27 am - CDanaT - Lottery News

Powerball reaches $643 million: highest lottery jackpot of 2025
Yep it's not even a top 25 jackpot per the cash value. What really matters is that the advertised annuity is #23 but the cash that a winner will almost certainly take is only #37. It's getting there, but as of now this one isn't a huge jackpot in terms of the biggest jackpots of the last few years. The 5% annual increase in payments makes the lump sum even less than it would be with constant annual payments. I'm surprised that you got that completely backwards. With fixed annual pa
Aug 21, 2025, 3:43 am - KY Floyd - Lottery News

Millionaire for Life multi-state lottery game to replace Cash4Life and Lucky for Life in February
* The annuity for this generally makes even less sense than with PB or MM, especially for anyone over 50ish. I'm over 50 and I already have plans to get a full body MRI from someplace like Ezra before I decide whether to take the annuity or cash. If I don't have any serious illnesses, it'll be annuity. People are often living into their 90's these days. My family isn't especially long lived but I take better care of myself than the rest of them do. https://ezra.com/pricing
Feb 23, 2026, 11:02 am - HoLeeKau - Lottery News

$1.5 BILLION: Massive Powerball jackpot fuels rush for tickets
Can't get anything past you, can I? Except sarcasm. Along with the lower interest rate and a magically increased cash value, the sales estimate was revised downward from $312 million to $288.5 million. The estimate for the funded annuity was also revised downward from 1.502B to 1.475B. The only reason the posted cash value was raised is because the previously posted cash value can't buy a big enough annuity to match what they've advertised. It's hardly the first time. For at least a cou
Dec 20, 2025, 12:42 pm - KY Floyd - Lottery News

Virginia Mega Millions $348 million lottery winner plans to buy lawnmower with record prize
they had or have a game where the prize stipulates taxes paid and you actually get the advertised amount. I remember seeing something about a game that did that, but it was a long time ago. If such a game exists now I haven't seen anything about it. I wish I'd checked (or remembered if I did check) to see if it really was a set amount after taxes, because the taxes could vary quite a bit depending on a winner's taxable income. Even if the prize was only 10k, that would add $3700 in federal
Aug 18, 2025, 12:50 am - KY Floyd - Lottery News

N.C. woman takes $8 million lottery prize as $400,000 a year annuity
A North Carolina woman tried her luck on a $50 scratch-off and won the $8 million top prize that she will collect in $400,000 annual payments for 20 years. Latonya Rayford of Charlotte bought her lucky $8 Million Money Maker ticket from the BP Food Mart on West Sugar Creek Road in Charlotte. When Rayford arrived at lottery headquarters Monday to collect her winnings, she had a decision to make. She could choose to receive her prize as an annuity of $400,000 a year over 20 years or a lump
Jul 10, 2025, 11:04 am - Todd - Lottery News

$1.3 BILLION: Powerball jackpot soars to 5th-largest in game history
I simply load the last cash value, and subtract the previous cash value (generally off the Texas Lottery site) and use the cash/sales ratio to estimate sales . And in this case you got garbage out because you put garbage in as a result of data that wasn't updated. In this case it looks like you used the $498.4 million cash value for the originally announced $1.1 billion jackpot. The actual cash value at drawing time was about $46 million higher, so they needed almost 70 million fewer ticket
Sep 4, 2025, 3:37 am - KY Floyd - Lottery News

US Powerball multi-state lottery game expanding to the UK
l read what the Article says Above it says British players do not have the option to take Lump sum. And that any British player that wins Power Ball must take the Annuity. So Annuity is their only available option. Some people ask about federal tax. There are two ways to work around it . One pay your federal tax After you win or Two your federal tax adds 20 cents or ten cents to the cost of the ticket. And l think Powerball should eliminate federal and state tax Completely. Treat it like lottery
Apr 15, 2026, 6:23 am - Powerball765 - Lottery News