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Virginia father takes home $290,000 in Pick 4 with 100 winning lottery ticketsReply
States let you hit online for advertising purposes.
Sep 17, 2025, 12:44 pm - kennyb1975 - Lottery News

Powerball reaches $643 million: highest lottery jackpot of 2025Reply
I'm surprised that you got that completely backwards. With fixed annual payments the advertised annuity would be less than the inflated advertising value they get by keeping more money invested for a longer time. Of course advertising that smaller annuity would almost certainly reduce sales a bit, making both the cash and annuity even smaller after any given number of rolls. They tell us the graduated annuity makes sense because of inflation, but I feel very confident that that's strictly PR abo
Aug 21, 2025, 9:18 am - Tucker Black - Lottery News

Wisconsin Lottery launches new Wisconsin 50/50 RaffleReply
FYI- NY retailers just started advertising a special drawing with an October 26, 2025, draw date- I didn't pay any attention to the particulars.
Aug 3, 2025, 9:57 am - Long Odds - Lottery News

Powerball reaches $643 million: highest lottery jackpot of 2025Reply
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

$1.3 BILLION: Powerball jackpot soars to 5th-largest in game historyReply
there would be unnecessary criticism from some quarters of the population that it isn't right to stoke up the public into a frenzy over 100 or 200 mil. They're already trying to stoke the frenzy by inflating the actual jackpot by 120% wit the annuity. Advertising 1.4 instead of 1.3 billion will sell more tickets, and criticism about lower revenues is the only criticism they really care about. That said, I'm sure they don't want to step in it like MM did back in 2018 when they advertis
Sep 3, 2025, 3:27 pm - KY Floyd - Lottery News

Virginia Mega Millions $348 million lottery winner plans to buy lawnmower with record prizeReply
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

New Hampshire Lottery launches $30 scratch-off ticket offering record $3 million top prizeReply
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

Mississippi Lottery halts Cash 3 triple payout promotion one week inReply
Darn, I knew it was too good to be true! On the bright side, they weren't as stupid as I thought. They actually had a fund set aside for this promotion, because they knew that the rule change would cost the lottery money. It's like an advertising budget.
Nov 7, 2025, 5:13 pm - Tucker Black - Lottery News

Virginia Mega Millions $348 million lottery winner plans to buy lawnmower with record prizeReply
They don't earn any interest on your winnings. You get all the interest. This is why the sum of annuity payments is about double the lump sum value. The reason why they advertise the annuity value and put the real number (cash, today) in small print is only because it's a larger number. People see a larger number and they're more likely to buy tickets. It's not false advertising but really sneaky and I don't like it.
Aug 16, 2025, 4:40 pm - Tucker Black - Lottery News

$2 million and $500,000 Powerball lottery prizes set to expire in South DakotaReply
If I win, can I remain anonymous? Should a lottery prize winner choose to remain anonymous when claiming the prize, the South Dakota Lottery will honor that request. It should also be noted that the Lottery will release the name of the retailer that sold the winning ticket, game name and prize amount. The winning player s personal information will never be shared for advertising or promotions unless the player opts into this on their claim form. However, if the Lottery receives an open
Jan 16, 2026, 6:41 pm - grwurston - Lottery News