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DC Lottery introduces Washington D.C.'s first $50 scratch-off ticketReply
That's the lump sum cash you get if you want it all up front. You only get a full $2,000,000 if you take it as an annuity- in this case, I would guess that would be $100,000/year X 20 years. Another way the lotteries make everything sound larger than life, since 99% of the winners take the lump sum.
Apr 18, 2025, 7:54 am - play4shekels - Lottery News

Mega Vs Power, Something is off..Reply
They don't over-inflate anything. It's an actual calculation based on the best interest rate they can get from a US government security. All of that is in the video. There is no conspiracy to show numbers that are not real. If you win the jackpot, you will get the exact annuity that was advertised. Sometimes even more, if they under-estimated the jackpot, as they often do.
Apr 13, 2025, 8:01 am - Todd - Lottery Discussion Forum

Mega MillionsReply
the random number generated bonus option. The megaplier has always been random. Different people will win different amounts, but anything you win will depend on how many numbers you match and how the megaplier affects that just like it used to. no one seems concerned with the larger percentage there taking with the cash option Certainly nobody is concerned if they understand how the game works. The only thing there taking is a share of the ticket price. The annuity is an artificial
Apr 13, 2025, 2:12 am - KY Floyd - Lottery Discussion Forum

Mega Vs Power, Something is off..Reply
I know, it's how much cash they have on hand vs how much you'd get if they invested the jackpot over 30 years (minus the first payout). It appears MM are over-inflating the annuity option by quite a margin.
Apr 13, 2025, 12:49 am - Rexer90 - Lottery Discussion Forum

Money vision: Virginia engineer goes incognito while claiming $1 million lottery prizeReply
Guess who won a million dollars on a scratch ticket. It is Lisa Mojica who lives somewhere in southern Virginia. She doesn't want anyone to know she won so she dressed in black to conceal her identity. She took the annuity and is getting 22,333.00 a year after taxes. Hordes of people are lining up outside her house as we speak to try to get some of that out of her.
Apr 2, 2025, 11:51 am - billybucks - Lottery News

Oregon Lottery reveals $328.5 million Powerball jackpot winnerReply
Wise choice for Abbas to take the cash option. If he went with the annuity, he would be 110 years on the last payment, mmh. If I win any of the jackpots in the next five years I would take the annuity . Wish me luck people I will let you know I won
Feb 21, 2025, 1:50 pm - JustMaybe - Lottery News

$1.15 BILLION: Mega Millions keeps rolling after no winner TuesdayReply
I am taking the annuity tonight. First payment of 11 million is life changing to me. Unless I feel that the state lottery won't keep their end of the promise on the annuity. My first choice of investment is Treasury bills and bonds. So I can ask well let them invest it for me.
Dec 27, 2024, 8:53 pm - JustMaybe - Lottery News

MM at $1.15 BillionReply
Nice lil added bonus for tonights draw,trickling up to the $1.22B Annuity/ $549.7M CASH mark. That did require me to get an extra 2 tickets this morning....Now I am at 8....Thats enough for this draw.
Dec 27, 2024, 1:02 pm - CDanaT - Lottery Discussion Forum

$944 MILLION: Mega Millions lottery jackpot set to make holiday wishes come trueReply
It is in the top 10 if you take the cash value of the rest of them. Can't compare cash value of this one to annuity of the rest.
Dec 24, 2024, 3:18 pm - johnnyBlaze - Lottery News

$825 MILLION: Massive Mega Millions drawing set for FridayReply
Cash value is based on actual sales. It's more like they're expecting to make more from the investments over 30 years than they did from the last estimate. In essence the annuity went up.
Dec 20, 2024, 1:25 pm - johnnyBlaze - Lottery News