Search

Indiana woman claims $6.5 million jackpotNews Story
A Greenwood, Indiana woman has claimed a $6.5 million Hoosier Lotto jackpot from a drawing nearly four months ago, lottery officials said Tuesday.Jennifer Diles bought the winning ticket for the Nov. 22 drawing at a convenience store in Shelbyville. She chose the annuity option and will receive about $248,000 a year before taxes over 26 years.Diles, 25, said she waited to claim the jackpot because she was considering her options on whether to take the annuity or cash payout. Diles, an instructio
Mar 10, 2004, 4:33 am - Todd - Lottery News

Online calculator to calculate cashReply
Quote: Originally posted by michiganplayer on March 07, 2004 So, do I multiply it from (anywhere from .547 to .65)Which would be more precise?It depends:If you're looking at current jackpots where the annuity and cash value amounts are known, then the 65% method hypersonig outlined is the way to go. If you don't know the cash value amount and you're just doing hypothecial calculations, then the current cash value / annuity % is the way to go. For example, Powerball is currently $79 million and
Mar 7, 2004, 10:51 pm - plnwebguy - Lottery Discussion Forum

Probability of a rollover in PB and MMReply
Quote: Originally posted by prob987 on March 07, 2004 The powerball has rolled over again on 3/6/04, nine million annuity dollars to 79 million annuity dollars. The probability it will rollover again next Tuesday is 89%. The probability there will be a single winner is 10%. prob987, please state what your sales assumption is for each draw. As you can see for the Powerball results for January - February, Wednesday sales are actually less than the previous Saturday's sales despite the jackpot
Mar 7, 2004, 1:56 pm - LottoBuddy - Jackpot Games Forum

Probability of a rollover in PB and MMReply
I'm guessing that if the powerball behaves according to the probabilities and roll yet again the size of the roll will be 10 to 11 million annuity dollars.
Mar 3, 2004, 8:58 pm - prob987 - Jackpot Games Forum

Mass. Lottery games to merge, jackpots to increaseReply
Who cares? A U$50 million annuity is worth a lot more than C$2 million cash!
Mar 1, 2004, 7:10 pm - LottoBuddy - Lottery News

Hypothetical SituationReply
They would give the first person $25 million cash and give the second person an annuity of $50 million.Good luck,Jake
Feb 18, 2004, 7:14 am - Jake649 - Jackpot Games Forum

Attention: TEXAS Lotto PlayersReply
That would be nice-even nicer if players were allowed to make the cash/annuity decision AFTER they win (and for Mega Millions as well).
Feb 13, 2004, 2:26 pm - CASH Only - Jackpot Games Forum

Probability of a rollover in PB and MMReply
The powerball has rolled over on 2/7/04. Because of the $10,000,000 minimum on the previous draw, the sales do not actually reflect the size of the rollover, an increase of 3 million annuity dollars. The actual predicted sales for this drawing are probably around 11 million dollars, which would correspond to a 7 million dollar annuity jump under normal circumstances. This suggests that the probability for a rollover will be 92%. There is an 8% chance of one winner, a 0.4% chance of two wi
Feb 8, 2004, 6:28 am - prob987 - Jackpot Games Forum

New York Lottery Director NamedReply
Ms Palumbo needs to make major changes here, like a better prize return in Lotto, the ability for players to choose AFTER winning, and a moritorium on annuity-only scratch games.
Jan 29, 2004, 8:12 am - CASH Only - Lottery News

Lump sum Vs AnnuityReply
Take the cash.The annuity money is invested in Government bonds. Although we think it can't happen here, with the enormous profligate deficits our government is running, hyper inflation is a real possibility. The annuity money under these conditions will be almost worthless.Take the money, buy Euros, Yen, New Zealand dollars, British pounds, and invest overseas in solid companies. One the inflation kicks in (and it will - since our Government is being run on credit by a bunch of guys who ac
Jan 26, 2004, 8:36 pm - prob987 - Lottery Discussion Forum