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New York man turns grocery run into $3 million lottery annuityNews Story
Winner opts for 20 years of payments over lump sum By Kate Northrop A simple visit to the grocery store turned into a $3 million annuitized payday after a New York man decided to buy a lottery ticket. A New York man won a $3 million top prize on a scratch-off ticket he purchased at the supermarket, a prize that he decided he would take full advantage of. Kurt Kelleher of Shirley was at King Kullen on William Floyd Parkway in Shirley when he thought to try out the New York Lottery
Nov 14, 2025, 9:05 am - Todd - Lottery News

Are you playing Mega Millions with the $5.00 per play?Reply
Yes, it's very telling the advertised jackpot increase is only $10 M after 8 rollovers. Do you understand how the game and its financing work? Both PB and MM have always started with artificially high jackpots that aren't fully funded, and never had more than the minimum increase until there's enough cash to fully fund the jackpot. The smaller jackpot of the old format was funded quickly. With the new format the jackpot would remain artificially high for more drawings with exactly the same
Jul 27, 2025, 5:17 am - KY Floyd - Lottery Discussion Forum

Are you playing Mega Millions with the $5.00 per play?Reply
The cash value is only running at 10% of what it would be when it was at $2.00 a line. 90% of all other cash jackpots were much higher by this time in the jackpot run. This may be reflective of this poll where nearly 60% are not playing. Here's some data since the $5.00 a line change. Peculiar, the change in annuity and cash don't follow each other for many drawings at the beginning of the jackpot run. Mega Millions Jackpot Values at $5.00 a Line Index Date Amo
Jul 24, 2025, 9:59 am - JADELottery - Lottery Discussion Forum

I know that this is technically not a lottery question, it's about PCH Sweepstakes bankruptcy .Reply
Thank you for that indepth detailed link to the PCH Annuity Sweepstakes Bankruptcy. :) I was mistaken when I said he was supposed to get millions until his death, turns out he was getting $260,000 a year before taxes. That's still a very nice chunk of change to live off. There are people who work for 10 years and accumulate around $260,000 minus taxes and he was getting that every year for 10 years and not having to work. He shouldn't have blown his money frivolously.
May 26, 2026, 9:18 am - Lotto Motto - Lottery Discussion Forum

Annuity or Cash ValueReply
I forget who it is but a posters had a sig. You can always buy a better annuity . Also what winterbitd said about Publishers Clearing House.
May 8, 2026, 3:56 pm - Coin Toss - Lottery Discussion Forum

Annuity or Cash ValueReply
Annuity over Here Do not have to worry about work for 30 years. Also have a developmentally delayed family member. I would set up a blind trust for. I don't need or want any access to 100s of .... or .......millions of dollars. There would be to many hands being held out. Wanting pieces of the pie. Ie .....bankers,lawyers,financial planners, and I'm sure plenty of moochers and con-artists to .....
May 8, 2026, 3:33 pm - Justing618 - Lottery Discussion Forum

Annuity or Cash ValueReply
Id take the cash. For a nightmare annuity scenario, just look at what happened with publishers clearing house. They declared bankruptcy and stopped paying out to the winners who still had payments coming.
May 8, 2026, 1:23 pm - winterbird - Lottery Discussion Forum

Is this Mega Millions cash value tax calculation correct? (Florida example)Reply
Click on USA MEGA, then select MM, Jackpot Analysis. Select your filing status and get the payouts for both cash and annuity for any state.
Apr 9, 2026, 8:10 pm - grwurston - Lottery Discussion Forum

It looks as if the $5.00 MM ticket is doing poorly.Reply
It took 40 draws, 5 months, to generate an annuity jackpot still sub billion. This is the longest series of rollovers ever recorded for Mega Millions. The Texas lottery, using an estimated sales figures translated into what are presumably Poisson distribution calculations, indicated that the probability of forty rollovers was less than 35%. It follows if one does simple math that more than 40 rollovers would be required to reach annuity jackpots over a billion dollars, and thus is unlik
Mar 10, 2026, 4:24 pm - Prob988 - Lottery Discussion Forum

Mega Millions 10 Million Increase rollover.Reply
What affects the top line. Annuity amount is interest rates, and sales. Sales of mega millions are down. An interest rates have dropped so the long-term pay payout it's less for every cash dollar invested
Feb 14, 2026, 12:12 pm - JSeattle - Lottery Discussion Forum