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Powerball Jackpot Climbs to $205 Million
With the jackpot amount this large, would it still be wise to take the cash option? If you choose the annuity option, you would be paid an average of $7 million a year for 29 years ($205 million over 29 years)!I mostly hear arguments for the cash option, but if you were to receive $7 million per year, I might think about the annuity.
May 6, 2004, 4:27 pm - tsai3904 - Lottery News
Probability of a rollover in PB and MM
The powerball jackpot has rolled over on 5/1/04 and has now risen to $170 million annuity dollars from 145 milliion annuity dollars. The cash value has increased from $76.3 million to $90.4 million. This implies the lottery is expecting about $43.2 million in sales. The probability of the jackpot rolling over again is 69.9%. The probability it will have one winner is 25.0%, two winners, 4.5%, of three winners, 0.5% and of four winners, 0.05%.Good luck.
May 2, 2004, 3:06 am - prob987 - Jackpot Games Forum
Probability of a rollover in PB and MM
The powerball jackpot has rolled over on 4/24/04 and has now risen to $145 million annuity dollars from 120 milliion annuity dollars. The cash value has increased from $63.4 million to $76.3 million. This implies the lottery is expecting about $39.4 million in sales. The probability of the jackpot rolling over again is 72.0%. The probability it will have one winner is 23.6%, two winners, 3.9%, of three winners, 0.4% and of four winners, 0.03%.Good luck.
Apr 29, 2004, 5:53 am - prob987 - Jackpot Games Forum
Probability of a rollover in PB and MM
The powerball jackpot has rolled over on 4/24/04 and has now risen to $120 million annuity dollars from 103 milliion annuity dollars. The cash value has increased from $55.4 million to $63.4 million. This implies the lottery is expecting about $24.5 million in sales. The probability of the jackpot rolling over again is 82%. The probability it will have one winner is 17%, two winners, 1.7%, of three winners, 0.1% and of four winners, 0.01%.Good luck.
Apr 25, 2004, 12:41 am - prob987 - Jackpot Games Forum
Probability of a rollover in PB and MM
The powerball jackpot has rolled over on 4/17/04 and has now risen to $103 million annuity dollars from 90 milliion annuity dollars. The cash value has increased from $47.6 million to $47.6 million. This implies the lottery is expecting about $23.9 million in sales. The probability of the jackpot rolling over again is 82%. The probability it will have one winner is 16%, two winners, 1.6%, and three winners, 0.1% and of four winners, 0.01%.Good luck.
Apr 22, 2004, 1:05 am - prob987 - Jackpot Games Forum
Cash or annuity ?
I thought I'd throw this in because of personal experience - if you're part of a pool buying tickets, such as an office pool, sometimes the choice is made for you. Everyone seems enthralled by the well-publicized annuity amount, so if the pool won (haven't experienced that part yet) everyone else would probably want the annuity amount. plnwebguy
Apr 21, 2004, 10:46 pm - plnwebguy - Lottery Discussion Forum
Probability of a rollover in PB and MM
The powerball jackpot has rolled over on 4/17/04 and has now risen to $90 million annuity dollars from 75 milliion annuity dollars. The cash value has increased from $41.7 million to $47.6 million. This implies the lottery is expecting about $18.1 million in sales. The probability of the jackpot rolling over again is 86%. The probability it will have one winner is 13%, two winners, 1%, and three winners, 0.05%.Good luck.
Apr 18, 2004, 6:00 am - prob987 - Jackpot Games Forum
Probability of a rollover in PB and MM
The powerball jackpot has rolled over on 4/13/04 and has now risen to $75 million annuity dollars from 65 milliion annuity dollars. The cash value has increased from $36.1 million to $41.7 million. This implies the lottery is expecting about $17.1 million in sales. The probability of the jackpot rolling over again is 88%. The probability it will have one winner is 12%, two winners, 0.9%, and three winners, 0.04%Good luck!
Apr 14, 2004, 9:51 pm - prob987 - Jackpot Games Forum
Probability of a rollover in PB and MM
The powerball jackpot has rolled over on 4/10/04 and has now risen to $65 million annuity dollars from 57 milliion annuity dollars. The cash value has increased from $31.4 million to $36.1 million. This implies the lottery is expecting about $14.4 million in sales. The probability of the jackpot rolling over again is 89%. The probability it will have one winner is 11%, two winners, 0.6%, and three winners, 0.3%Good luck!
Apr 11, 2004, 8:41 am - prob987 - Jackpot Games Forum
Ohio considering Match 6 clone
i would choose annuity because i read on the powerball website that if you take the annuity instead of the cash option, you would be very likely to get a refund come tax time, and that if you take the cash option, you would very likely have to pay extra in taxes.
Apr 8, 2004, 3:48 pm - DoctorEw220 - Jackpot Games Forum
