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275 Million for Saturday PowerballReply
This is the third time sales for powerball has not created the annuity estimate. The jackpot was $274.7 bye the time it drew so I guess powerball fever is not alive yet but give a roll or two to see if we can't get more people to play.-wehar75
May 27, 2017, 11:48 pm - weshar75 - Jackpot Games Forum

Lottery winner gets 21 years for financing drug trafficking operationReply
Not the first time and wont be the last. Quite a while ago, I remember reading about a guy in Ventura County being arraigned for heroin trafficking and asking for a public defender. The DA objected stating that he was a lottery winner and receiving an annuity of $50k a year.
Apr 5, 2017, 4:16 am - Redd55 - Lottery News

Indiana Powerball winner claims $435 million jackpot anonymouslyReply
But it's not 189 million out of 435 million like you're stating. The 435 million is just the projected amount you will receive if you take the annuity option. The 435 million doesn't actually exist yet. The cash value is what they actually have in the pot.
Mar 16, 2017, 3:33 pm - MercifulLove - Lottery News

Indiana Powerball winner claims $435 million jackpot anonymouslyReply
Read a little closer. He accepted the cash option, and that's what he was taxed on -- not the annuity value. He was taxed exactly right. Look at the Jackpot Analysis for Indiana for that drawing: https://www.usamega.com/powerball-jackpot.asp?d=2/22/2017
Mar 13, 2017, 8:38 pm - Todd - Lottery News

how do they pay in a check if your number hit?Reply
This is how you can claim in Md, courtesy of Md. lottery website. Winners Winners How to Claim Expanded Cashing Authority Program By City By Retailer Expanded Cashing Authority Program By Name How to Claim Winning tickets with a value up to and including $600 may be redeemed at any Maryland Lottery retailer. Winning tickets with a value of $5,000 or less may be redeemed at any Maryland Lottery XCAP location (formerly Agent Plus). Winning tickets with a value of $25,000 or le
Mar 6, 2017, 9:52 pm - grwurston - Lottery Discussion Forum

N.J. Gov. proposes using lottery funds to fix pension holeReply
3/2/17 How interesting to hear that lottery money considered to fund public pensions in New Jersey. NJ budget up to $34Billion? Unfunded Pension liabilities $66.2Billion? What higher education programs were funded with lottery monies? Makes one rethink any annuity payment option as a bad bet when playing those Big jackpots with annuity choices.
Mar 2, 2017, 9:47 am - Gleno - Lottery News

Annuities -- Then and NowReply
The lump sum never goes up or down. It's always exactly 100.0% of the portion of ticket sales that goes to the jackpot prize pool. The annuity for any given amount of cash is now higher.
Feb 20, 2017, 3:02 pm - KY Floyd - Jackpot Games Forum

Does the increase in the return on bonds increase the payout on annuity'sReply
If the lump sum would be extremely tiny to the point that you can't live extravagantly off of, why not just get a nice check instead? I expect to live way past any annuity timeline, so why not get all that extra cash?
Dec 22, 2016, 2:44 pm - Kingofearth - Lottery Discussion Forum

Does the increase in the return on bonds increase the payout on annuity'sReply
oh ok i used to work out my share of the prize by dividing the annuity by 5.2; 2.6 for the total cash amount, but that has changed now. closer to divide by 6 or 3. smaller cash amounts , higher advertised jackpots. got it.
Dec 21, 2016, 6:04 am - savagegoose - Lottery Discussion Forum

Does the increase in the return on bonds increase the payout on annuity's
I watch way too much business news - with the rise in the bond rate (rate of return) do the annuity rates go up? I thought they were based on the bond rate? Hoping someone smarter than me can help, thanks.
Dec 19, 2016, 5:48 am - DELotteryPlyr - Lottery Discussion Forum