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Mega Millions confirms ticket price increase to $5, other changes coming April 2025
Not just low sales.
The interest rates were so low that the annuity was 83% of the cash value compared with the current ~50% (And was pre COVID as good as somewhere in the 40%-50% range.)
They couldn't afford to fund too many of the low value ($40m-$60m) wins
Oct 9, 2024, 9:41 pm - kao1632 - Lottery News
UPDATE: Proposed changes to Mega Millions game will raise ticket price to $5
Hmmmm $ 50 mil starting jackpots ..... What do they estimate the following jackpot to increase.
Multiplier 10 x .... Does that include 2nd prize/ 1st runner up?
I'll still play but .... won't but a ticket until it hits 200 mil ..... And won't but 2 tickets until it hits 400 mil etc etc. gotta be economical!
Lastly ... Would it hurt the consortium to reduce the annuity to 20 years instead of 29?
Jun 13, 2024, 11:24 pm - ShagE3 - Lottery News
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Sep 27, 2002, 9:14 am - Todd - Help
Are you playing Mega Millions with the $5.00 per play?
We find it interesting that back in 2020 Powerball went from a $40 Million starting jackpot to a $20 Million starting jackpot, but yet, seems to be doing pretty well building up to that Billion Dollar prize with a $2.00 a Line Play and the Optional Added $1.00 Power Play .
Powerball History
Years Matrix Multiplier Price Jackpot Odds Jackpot Annuity Minimum Jackpot Maximum Jackpot Lower Tier Payouts
Power Play 5 + 0 4 + 1 4 + 0 3 + 1 3 + 0 2 + 1 1 + 1 0 + 1
1992-04-22 to 1
Aug 26, 2025, 3:04 pm - JADELottery - Lottery Discussion Forum
Connecticut couple of 25 years celebrates with $100,000 Powerball lottery win
Today l asked my DeepSeek Ai a very interesting question .
How much do l need to win in lottery to receive $1,000,000,000 cash after lump sum and after Tax ? The answer was interesting
To determine how much you need to win in the lottery to receive **$1,000,000,000 cash after lump sum and taxes**, we need to account for two main deductions:
1. **Lump-Sum Reduction**: Lottery jackpots are typically advertised as annuities (paid over 30 years), but winners usually opt for a lump-s
Aug 2, 2025, 12:52 pm - Powerball765 - Lottery News
Two "Blessed" Illinois lottery winners claim $349 million Mega Millions jackpot
Quick Pick ticket splits multi-million fortune between two players
By Kate Northrop
The winners of a $349 million Mega Millions jackpot are feeling blessed after they jointly came forward to claim the prize a month after the drawing.
After one month of wondering who was lucky enough to win the $349 million Mega Millions jackpot in the March 25 drawing, two Illinois residents have put the question to rest.
The prize will be split evenly between two anonymous Illinois winners, who
May 2, 2025, 3:12 pm - Todd - Lottery News
"The Breakfast Club" lottery group claims $842.4 million Powerball jackpot
Three-member group is the winner of the largest prize ever won in Michigan
By Kate Northrop
The winner of the $842.4 million Powerball jackpot drawn on Jan. 1, 2024, the largest Powerball lottery prize ever won in Michigan, was announced as a three-member group called The Breakfast Club.
Wednesday, the Michigan Lottery announced at an in-person press conference that a three-member group called The Breakfast Club is the winner of the $842.4 million Powerball jackpot drawn on New Year'
Jun 12, 2024, 8:58 am - Todd - Lottery News
Secrets of a lottery lawyer-Kurt Panouses interview
Watch the video. Pretty simple to understand. Reading is fundamental.
1. A state only allowed anonymous claiming for $10 million plus wins and the jp was under that amount.
2. A young guy in his 20s decided to take the yearly annuity of 350k.
3. The attorney argued that based on the expected lifespan of this young person, the total annuities would easily exceed $10 million over his expected lifespan. THUS HE WAS ALLOWED TO CLAIM ANONYMOUSLY. A very creative legal argument that worke
May 3, 2026, 7:15 pm - Artist77 - Lottery Discussion Forum
Mega Millions and Powerball Race
Since the Powerball jackpot was just won, again it is highly unlikely it will catch up to the Mega Millions jackpot.
I'm fairly sure PB can catch up, but it will take a long time. The last time they each got past a $900 million annuity PB took just over 3 months (9/8 to 12/10) to reach 930. MM (with 2/3 as many drawings per week) took 4 1/2 months (7/1 to 11/14) to reach 980. PB took 40 rollovers to get there and MM took 39. For those that still don't understand why MM starts with a series
May 3, 2026, 2:39 pm - KY Floyd - Lottery Discussion Forum
US Powerball multi-state lottery game expanding to the UK
Which foreign lottery games can I participate in as an American while physically in the United States? I m not referring to shady websites or third party sellers that claim you can purchase tickets online . I can't go to the Euromillions website right now and purchase a ticket as American in the USA. You can only do this if you are in one of the official participating countries
That s my main point. But I wouldn t say America has the best lottery games that s just an opinion. I think tax-fre
Apr 15, 2026, 12:05 pm - Kandiapple - Lottery News
