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Can MM & PB Start Being Honest? Must this farce continue?Reply
in that it makes sense for them to advertise the aunnitized jackpot, and give you a check for the annuitiized amount even though that's not what you're gonna get. If you're talking about deducting Federal and State taxes, I thought a smart guy like you (Jimmy4164 thinks you are smart) knew the lottery commissions are required by Federal and State law to deduct taxes. It also makes sense for a guy who accidentally hit and badly injured an old lady at night to drive away as fast as possib
Jun 20, 2013, 1:18 am - Stack47 - Lottery Discussion Forum

N.J. man claims Mega Millions jackpotNews Story
Apparently it's lucky to be a guy named Joe from Tinton Falls, N.J. For the second time in just 14 months, a Joe who lives in the Monmouth County town (population 18,000) has stepped forward to collect a major lottery jackpot. On Thursday, Giuseppe Joe Garofalo claimed his half of the $198 annuity jackpot from last Friday's Mega Millions drawing. He bought his ticket at Kwik Farms in the Monmouth County town. The other winning ticket was sold in Farmville, Va., a rural town west of Rich
May 24, 2013, 7:53 am - Todd - Lottery News

Rollover probabilities for Powerball at $450M annuity.
The Powerball lottery at a $450 annuity jackpot is anticipating selling 233.6M dollars worth of tickets, with the nmber of tickets being half that. Below are the probabilities of various numbers of winners, with a rollover being the most likely single out come. The expectation value for Powerball is now 0.91, which is the first time it's been higher than MM in this run. (MM is currently at 0.85) Number of Winners Probability of that number of winners 0 51.34% 1 34.23% 2
May 16, 2013, 7:30 am - Prob988 - Jackpot Games Forum

$181 MILLION: Powerball lottery jackpot ramps upReply
Maybe it's the years and years of bull$hitting people by advertising annuity values, but you apparently don't recognize reality, even when it's biting you in the ass. The OP was referring to the increases after the advertised jackpot reaches $100 million, and it's extremely clear that MM blows PB out of the water. Here's what those increases really look like: MM @ $108 PB @ $110 + $19 million + $17 million + $21 million + $17 million + $23 million + $15 million + $29 million +
Aug 5, 2012, 2:57 am - KY Floyd - Lottery News

Ladies and Gentlemen! we have a world record jackpot! MM!
at a insane 255.1 million cash , this mega million jackpot is breaking all records! http://www.usamega.com/mega-millions-jackpot.asp this sets new world record, beating 240m cash record form mm 1 year ago old record can be found here: http://www.usamega.com/mega-millions-jackpot.asp?d=1/4/2011 sure last years says 380m annuity. , but fact is, govt t bills are at all time low , this is why current 356m Annuity appears to NOT be beating old records , even with higher cash jackpot to i
Mar 24, 2012, 1:48 am - joshuacloak - Jackpot Games Forum

NY Scratch-off DiscussionReply
im going to play about seven $10 tickets in NJ today, because i have a few extra bucks to spend. the ones i always go for are the $700,000 top prize, because its never annuity if you win it. theres about 1 out of 3 remaining and the 2 games are pretty old, so who knows. the only good thing about NJ ticks are that the website updates exactly how many tickets are outstanding and how many winners left for the THREE top prizes, not just the top prize. the funny thing is this. if you win a $1mi
May 30, 2011, 12:22 pm - mikeharness - Instant ("Scratch-Off") Games Forum

Tax Strategies For Lottery Winners - Lump Sum vs InstallmentsReply
Someone here on LP (I'm sorry I forget who) has or had a signature, You can always buy a better anuity . I think that's pretty good info, the state or the MUSL doesn' have making sure you get the best deal in mind. There's good info in socalgal's OP but it sounds to me like that CPA can't get outside the box in their thinking. For one thing, there have been too many instances where a jackpot winner takes an annuity and later on is approached by or they go to one of those companies that
Jan 31, 2011, 10:24 am - Coin Toss - Lottery Discussion Forum

Mega Millions: $168M Christmas Eve lottery jackpotReply
i love people who don't read what i say if you FREAKING READ my post, i even said quote with 69 million cash invested in stocks, ,that's even atfer tax's 35%! i said, i have 69M to invest ATFER 35% , thats ATFER max fed tax rate, next time, try talking to someone who does not read usamega jackpot Jackpot Analysis i like to think of my self as a Professional invester, as i have already done the research and could beat easy annuity payments only thing the annuity payments
Dec 22, 2010, 10:48 am - joshuacloak - Lottery News

Annuity or Cash??Reply
I look at it this way: How much is the annuity? That said, could you handle $200,000? One Million? If someone handed you even $100,000 today would you be better off? How old are you? Would you be able to make ends meet with an annual annuity payment? Do you really need; let's say 50 million dollars RIGHT NOW? WHY? If you are over 40 take the cash, if under 40, take the annuity.
May 9, 2010, 10:52 pm - guesser - Jackpot Games Forum

First time player wins $5 million lottery jackpotReply
The $5M would be with the Lottery investing in whatever, so the 2.x with cash option, and then taxes. The $2.8M or so is what the total sales are for this jackpot so far MINUS the takeout (what the Lottery uses for their costs or Education etc.), and then out of that is about 1/3 in taxes. The $5M is the advertised *annuity* jackpot meaning over years it's invested and paid out slowly so the remaining balance earns interest. The rule of thumb is, whatever the Annuity prize is ( The j
Nov 17, 2009, 9:01 pm - LckyLary - Lottery News