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New Jersyans: What to do with Pick 6.
The New Jersey Pick 6 lottery, in spite of a much inflated annuity payout (the cash value is concealed from players) is clearly doing poorly.It is very rare for an advertised annuity value to rise by even 1 million dollars after a rollover; more typical is a rollover of $200,000.The old pick 6, which had better odds, did better, but it had the luxury of existing before New Jersey was a MegaMillions or Big Game State.I can't believe that New Jersey hasn't acted with respect to this game. It can'
Jan 13, 2006, 8:17 pm - Prob988 - Jackpot Games Forum
Probability of a Rollover in Powerball.
The powerball jackpot has rolled. The cash value is now $37.8M; the annuity value is $76M. It is reasonable to assume that the lottery will have $17.0M in sales, near the figure for the last lottery run at this level. If the lottery sells this amount of tickets on this drawing, the probability for various numbers of winners is as follows:089.02%110.36%20.60%30.02% This run is close enough in sales to the last run to make a qualative estimate of the long term probability of nearly matcing the
Jan 12, 2006, 8:31 am - Prob988 - Jackpot Games Forum
Hoosier Lottery Does It Again
Let me be absoultely clear about this. I have no factual evidence that the Hoosier Lottery is rigged. But I do have a lot of unanswered questions and this much I do know: Fact: The Hoosier Lotto annuity jackpot has been changed from 25 to 30 years.Fact: The Hoosier Lotto cash value jackpot has been changed from the actual amount of cash accumulated in the prize pool to 40% of the advertised annuity value.Fact: I sent an e-mail asking the Executive Director why these changes were made.Fact: I a
Jan 12, 2006, 12:48 am - Uncle Jim - Lottery Discussion Forum
hoosier lottery poll
Lotteries can be rigged in other ways. Some games are still annuity-only.
Jan 10, 2006, 10:07 am - CASH Only - Lottery Discussion Forum
Probability of a MegaMillions rollover.
The MM jackpot has been won and reset. It is reasonable to assume that the number of tickets sold for the new jackpot will be around $15M. (Note though that all of the biggest MM states, California, New York, Illinois, and Texas, all have jackpots in their home state lotterires bigger than MM. California has a $65M jackpot - this may cut MM sales.) If however MM reaches $15M in sales anyway, the probability of various numbers of winners is given in the following table:091.82%17.84%20.33%30.0
Jan 8, 2006, 9:28 am - Prob988 - Jackpot Games Forum
Breakfast buddies file suit over lottery ticket
This might be true in your state, but in Texas you have to decide if you want Cash Option or Annuity. I run two different Lottery Pools and my members want me to buy Cash Option. Several of my members older and would not live to collect all their winnings.For my own tickets I always buy Annuity. But for my group it's always Cash Option. And in Texas how you buy it is how you be able to collect it. You can't change your mind while your in Austin.MichaelMichael E. Porter
Dec 31, 2005, 8:00 am - Michael E. Port - Lottery News
Write to your State Lottery
Yes, there are other issues, such as taxes and annuity payments but, one issue at a time. Anonymity won't cost state governments anything.
Dec 30, 2005, 3:44 am - goldrush - Lottery Discussion Forum
Which scratchers do you play?
My current favorite scratch off game is the $ 200 Million spectacular here in GA.I know the top prize is annuity, but heck, I would take it......DD
Dec 28, 2005, 10:40 pm - DoubleDown - Instant ("Scratch-Off") Games Forum
Original buyer of $1M lottery ticket identified
I'd rather stick a $20 in a stripper's g-string than spend it on annuity-only tickets.
Dec 25, 2005, 1:46 pm - CASH Only - Lottery News
El Gordo winners
I remember Maryland had a similar lottery in 1992. Both the top prize and second prize were annuity-only.
Dec 24, 2005, 11:42 am - CASH Only - Jackpot Games Forum
