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Powerball jackpot hits $1 billion after building for months
On a down note ..... I see where the cash value has gone down .. the annuity is still a billion.
If I choose the cash option I'll net under 25% of the annuity after taxes. Still a lot of $$$$ tho'. Hmmm maybe I'll just buy 2 tickets instead of the 5 or 6 I was thinking of purchasing.
Have a shaggy day!!!!
ShagE3
Dec 12, 2025, 3:56 pm - ShagE3 - Lottery News
my idea for a multi-state lottery
1) Choose 6 numbers from 1 to 68.
2) Tickets cost $1.
3) Match all 6 to win the jackpot, which starts at $25 million.
4) 10 cents of each ticket gets added to the jackpot.
5) Match 5 of 6 to win the 2nd prize of $100,000.
6) Buy 5, get one free. For $5, you get 6 lines, which is either 6 QP or your playslip of 5 sets of 6 numbers plus one QP.
7) Both prizes are all cash (subject to taxes, of course, we can't get around that). No annuity BS. If you win $25 million and want
Dec 12, 2025, 9:28 am - Tucker Black - Lottery Discussion Forum
Did Hell freeze over?
Them putting up the lump sum winnings estimate is honestly what they should have been doing from the get go. Next step/stop if they haven't already is to include the take home winnings after taxes for the lump sum winnings.
Edit. I read your thread incredibly fast at first and thought they put up the lump sum winnings estimate. I reread your thread and saw that they were talking about the cash value of annuity, not the lump sum winnings. It is still nice of them to put up the cash value
Oct 3, 2025, 10:06 pm - Lotto Motto - Lottery Discussion Forum
Mega Millions and Powerball Race
I bought a bunch of Powerball tickets for the last drawing when the annuity jackpot was $2 billion. I normally don't play that game because the odds of winning are approximately zero. For the same price, I can get far better odds of winning less money but still life changing money. I was willing to try it because it would be fun to spend $600 million in today's money after tax.
For Megamillions, the equivalent annuity jackpot would have to be $5 billion for me to play (even then, maybe not,
Sep 26, 2025, 4:59 pm - Tucker Black - Lottery Discussion Forum
$1.3 BILLION: Powerball jackpot soars to 5th-largest in game history
How are sales, will it roll over?
I'm wondering if there's any chance that sales today have been lower than expected, because I was sure we'd see an updated jackpot this afternoon. Their own, and presumably conservative, sales estimate is for 112 million tickets which would add about $75 million cash and increase the annuity by $165 million. Saturday's drawing ended at about $544 million cash and $1.201 billion for the annuity. That means their sales estimate puts tomorrow's jackpot at $619
Sep 2, 2025, 7:42 pm - KY Floyd - Lottery News
Mega Millions and Powerball Race
At the moment the actual cash prize is only slightly more than 45% of the advertised annuity. Figure the after tax net is about 57% of the cash (varies by state, of course), and a sole jackpot winner gets about 26% of the advertised annuity. If they advertise $50 million at 1 in 300 million odds (it's actually about 3% better than that) the expectation value is a whopping 4.14 cents.
Mega millions is the higher jackpot at 70m. Mega millions sales should pick up ...
Average sales since t
Apr 27, 2025, 3:30 pm - KY Floyd - Lottery Discussion Forum
Mega Vs Power, Something is off..
That's why I feel there is need to have some education on the annuity option.
The perception amongst the majority out there (I see this in comments on Quora and Reddit) is that taking the annuity could leave you in the cold once the company goes bankrupt.
The video or article could have a disclaimer that this is not legal or financial advice for such advice please contact your attorney or CPA or whatever
My thoughts.
Apr 15, 2025, 1:53 pm - JustMaybe - Lottery Discussion Forum
Mega Vs Power, Something is off..
The calculation of the annuity depends on interest rates. In the past 10 days there have been crazy swings in the interests rates, due to what is happening for tariffs and stock markets. Powerball ans Mega Millions annuity are computed based on interests on different days (because the draws occur in different days), and that is why you see a significant difference between one game and the other.
Once the markets will stabilize, you'll see the two games converge.
Kind regards
Apr 13, 2025, 5:07 pm - positano - Lottery Discussion Forum
Mega Vs Power, Something is off..
Most jackpot winners opt to take the lump sum.
I think (if non exists) you should do an educational video on the annuity option. Possibly addressing concerns on the likelihood of a state going bust and not paying it all or any other eventuality.
Maybe with the right education, some winners may opt to go the annuity way
Apr 12, 2025, 9:24 pm - JustMaybe - Lottery Discussion Forum
I need the experts to help me here.
I know that sounds like am contradicting myself, lol.
But honestly unless there is very valid reason as to why I should not take the annuity, for instance the annuity is not guaranteed, I would be more than happy to get the full payout after 30 years.
The only investment I can do with the initial payout would be in bonds.
So I could as well let them do that for me with the full cash amount
Apr 7, 2025, 5:40 pm - JustMaybe - Lottery Discussion Forum
