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N.J. increases initial state tax withholding on lottery winnings
But does not affect what winner would ultimately pay in state taxes If someone buys a winning ticket for Friday's $540 million Mega Millions game in New Jersey, the state will be collecting more money at payout than it would have last month. Under the new rates, winnings greater than $10,000 up to $500,000 will have 5 percent automatically withheld, and prizes above $500,000 will face an 8 percent withholding. Previously, prizes greater than $10,000 faced a withholding of 3 percent. The
Jul 7, 2016, 8:53 pm - Todd - Lottery News

The secret to winning lottery with Scratch off's
If you did know within a certain threshold that certain book ranges would contain the jackpot tickets then you could increase your odds greatly. How? If the game and books were sent out sequentially yes, however they are taking the prints now and sending out the front with the back overage tickets to presell all the losers. Take for instance it doesn't matter that I can predict the section of tickets or books within a 15% range with a 80% probability, because why? Take for instance the l
Apr 21, 2016, 12:25 am - Zebekyia - Instant ("Scratch-Off") Games Forum

Why you might go bankrupt if your next-door neighbor wins the lottery
Winning the lottery can be hazardous to your neighbors' financial health. Research released this month by the Federal Reserve Bank of Philadelphia found a significant jump in bankruptcies among households living near someone who won a big lottery jackpot. The economists theorized that people may have seen the good fortune next door and felt pressure to accumulate more assets of their own, especially flashy purchases like cars, that they simply could not afford. Income inequality induces p
Feb 16, 2016, 10:12 am - Todd - Lottery News

To strategize or not to strategize? That is the question
I find it interesting because people would argue whether buying two tickets cuts the odds is half. When there were a few states with two plays for a dollar the game odds were given as half that of a lottery with one dollar plays without a whole lot of explanation as to why. That's basic probability theory. You buy two combinations your odds are 2:(whatever it was) If a lottery has a pool of numbers just: 1, 2, 3 and if two numbers get drawn then all possible combinations are:
Feb 13, 2016, 11:49 am - elios311 - Lottery Discussion Forum

$675 MILLION: POWERBALL SETS ALL-TIME LOTTERY JACKPOT RECORD
It depends on how many tickets are sold, and on what numbers are drawn. It becomes less of a factor as sales increase and a higher percentage of sales are QP, but birthday numbers increase the chance of a winner compared to random probability. Based on random probability there's at least a 20% chance we'll see a jackpot of a billion or more. That's based on a requirement to sell about 425 million tickets to reach a billion on this roll. Either that happens and we see a billion this time aroun
Jan 7, 2016, 12:36 pm - KY Floyd - Lottery News

Florida lawmakers seek to automate lottery ticket sales
The Florida Lottery and education in the state go hand in hand, with the department contributing more than $28 billion to education trust funds since 1988. Lawmakers think they can get that number to up with a bill that would make it easier for consumers to buy a ticket. The idea for automated lottery terminals comes from a state study where it has been noted for two years in a row that ticket automation could increase revenues. The Florida Lottery is coming off a record-breaking month. Mo
Nov 10, 2015, 8:30 am - Todd - Lottery News

The Most Accurate Predictions Win and Learn.
This is Very Interesting For the Wise who seek more for your Dollar. .................................................................................... The strength of the gravitational attraction that causes the results to either pop up or computerize themselves into Existence is due the amount of gravitational energy in the field which attracts them. the motion accelerates under gravity causing an increase in the positive kinetic energy of the system. At the same time the g
Jul 28, 2015, 9:34 pm - samgirl280 - Pick 3 Forum

CTNY Pick 3 for Beginners
I'm just silly like that!! I was tired of pointing that laser gun at you guys. lol But to more serious affairs... I'm sure you probably heard of Progressive Wagering. Stev3 Play3r(no I never purchased anything) has a little article addressing the subject. It's basically about increasing your wager every time you lose. So lets say I have a set of 10 to 14 numbers (this works best if we imaging the game pays a little over 70 bucks locally) I'll start my wager at 50c... so that
Mar 8, 2015, 6:20 pm - CTNY - Lottery Systems Forum

New Ireland Lottery operator expected to raise prices
Ireland's National Lottery is expected to raise ticket prices next year as part of a shake-up of the business aimed at halting several years of declining sales. The new operator, Premier Lotteries Ireland (PLI), is under pressure to recoup its 405 million outlay for the licence and is known to have set ambitious growth targets for its 20-year tenure in charge. While higher ticket prices would, in theory, generate bigger jackpots and potentially more publicity around its weekly draws, the m
Dec 16, 2014, 9:00 am - Todd - Lottery News

Monopoly Millionaires game
Correction (wish edit function didn't expire lol) Forgot to update my spreadsheet formulas awhile back, so there was an error in the above calculations. Draw # Jackpot Club Prizes Sales Tickets Club Odds (Adj.) 1 $9,100,000 10 $3,861,245 772,249 7,315,769 2 $10,900,000 12 $3,595,865 719,173 6,094,255 3 $12,700,000 14 $3,659,900 731,980 5,224,106 4 $15,400,000 16 $3,217,040 643,408 4,568,316 5 $15,400,000 18 $6,434,080 1,286,816 4,078,677 6 $15,400,000 20
Dec 7, 2014, 4:01 pm - LottoMetro - Lottery Discussion Forum