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UPDATE: Proposed changes to Mega Millions game will raise ticket price to $5Reply
now they will advertise the jackpot as the 129 year annuity value.
Jun 15, 2024, 7:22 pm - Brock Lee - Lottery News

$1.7 billion in combined jackpots, as USA multi-state lottery games peak togetherReply
The cash option was increased to $467 million, but the annuity remained $977 million.
Mar 22, 2024, 12:49 pm - Todd - Lottery News

New Jersey Lottery bumps up Jersey Cash 5 jackpot to $1 million in new promotionReply
Is that jackpot an annuity, or cash value?
Jan 10, 2024, 12:48 pm - Wavepack - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
So the ratio of Cash to Annuity is now under 44%....THAT, is pretty sad.
Oct 7, 2023, 5:33 pm - CDanaT - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
It looks like the cash amount for tmrw is being reduced to 614 from 643. They are just being cautious. They're not being cautious. They're failing at accurately predicting sales. Higher interest rate means less cash needed to earn same amount. Higher interest rates mean the same amount of cash can buy a bigger annuity. The $1.4 billion annuity they're advertising was originally based on each dollar of cash buying $2.175 of annuity and having $643.7 million in cash. Rates have ch
Oct 6, 2023, 10:28 pm - KY Floyd - Lottery News

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
They raised the Jackpot to $1.58 Billion Annuity, $783.3 Million Cash Option! ( )
Aug 8, 2023, 8:22 pm - Big Joey - Lottery News

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
Still #3 for annuity but highest MM ever!
Aug 8, 2023, 12:28 pm - PrisonerSix - Lottery News

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
Well, is it now #2 for annuity?
Aug 8, 2023, 12:18 pm - EnReval - Lottery News

Jackpot : Annuity vs cash value
There is a discussion in the MM thread about taking the annuity vs cash value. I thought taking the cash value is 100% the right decision. Long term investments will almost always beat the return of a annuity right?
Aug 8, 2023, 10:58 am - JWBlue - Jackpot Games Forum

$820 MILLION: Massive Mega Millions drawing set for TuesdayReply
If the interest rates didn't change, the reduced cash would mean that the annuity would also be smaller by about $7 million so I only see two possibilities. One is that they actually revised the sales estimate downward and the interest rate somehow magically increased exactly enough that the annuity purchased at a higher interest rate is the same as the one they advertised based on having more cash to buy it . The other is that the interest rate went up a bit, and they worked backwards from the
Jul 25, 2023, 10:21 pm - KY Floyd - Lottery News