Search

Winner Gets FleecedReply
Thank you, that is pretty much the case. PCH awards prizes as an annuity, so there is the option of the 30 year pay out or a lump sum of the present day value of the annuity. That value varies due to market conditions. We took the cash option, and we're happy and debt free. :) GOOD LUCK! ~Natalie Bostelman 2008 SuperPrize Winner PCH Goodwill Ambassador
Sep 8, 2010, 3:15 pm - NataBost - Lottery Discussion Forum

Question about Ohio Classic LottoReply
As stated on the Ohio Lottery website site, the cash value of Classic Lotto jackpot isn't related to the interest paid on government bonds as the jackpots of PowerBall and MegaMillions are, the state will simply pays 50% of the advertised jackpot if you prefer cash to an annuity. Apparently any money that can be made in excess of the 50% would go to the state.
Aug 29, 2010, 11:54 pm - RJOh - Jackpot Games Forum

lottery singlesReply
What are the odds and who's the jackpot prize. Was she a rollover from a previous draw? Will she be a shared prize? Do I have the choice of an annuity payment over lump sum?
Aug 29, 2010, 3:49 am - jwhou - Lottery Discussion Forum

Random Observations & Things To PonderReply
When the economy tanked, they showed a college student who had won a million on a scratchoff and invested it all hence lost half with the market. It took the sentionalism of the economic difficulties to make that scratchoff win newsworthy. Sometimes I think there's too much of a rush to invest it all. The only algorithm proven to work in investing is dollar cost averaging and that presumes the money available for investing is available in regular amounts over a long period of time. Only takin
Aug 24, 2010, 12:02 pm - jwhou - Lottery Discussion Forum

Three number matches
OK, this is on the Canadian Lotto 6/49 because there's a lot of historical data, it goes back to 1982 and for the time being I'm in Canada rather than Texas. The minimum that you have to match in the 6/49 is three numbers so I took all 2,734 draws and parsed them into the three number combinations from each draw then I have a script running through all 13.98 million combinations scoring them on how many three number matches they would've had, if the combination was one that matched all six n
Aug 23, 2010, 7:57 pm - jwhou - Jackpot Games Forum

Powerball and Mega reset coincidenceReply
Yes, I recall your statistical notation in Maddog's challenge. My thought at the time was the winners having to divide that $97 Million annuity or the $50.2 Million Cash still a nice chunk ! ! Montana's winners, a couple from Helena, have stepped forward. The wait is on for Ohio.
Jun 24, 2010, 10:53 pm - Winlotta - Jackpot Games Forum

New York State might "Suspend" lottery?Reply
Dumbness in TN? I do not think they have a monopoly on dumbness. I doubt it compares to the polish underground offensive in WWII - they were going to use septic tanks! As for the States going bust and avoiding the annuity for the cash payment, where do you think the money gets invested for the greedy Staters? They have all that you won and the interest on all the jackpots they paid on in the State annuity fund . They just made a bad wager and don t quite know how to break the news, but the
Jun 13, 2010, 6:31 pm - Delta Draw - Lottery Discussion Forum

Largest lottery prize in Canadian history hits $70M markReply
Quite a big jackpot,equal to $150 mil MM lottery,get what you see,no tax,no annuity. I love it ! They dont sell it online any more?
Jun 9, 2010, 5:24 pm - TonyZinc - Lottery News

Powerball lottery jackpot raised to $260MReply
I'll be taking the annuity option after I win on Wednesday. I don't want to have to worry about spending all my winnings in 3 years. :)
May 30, 2010, 10:27 pm - NightTrain1234 - Lottery News

Powerball rolled up to ONLY 190 mil from 170 mil 5/22/10Reply
I could careless what they say the inflated annuity amount is! I am only interested in the CASH AMOUNT anyway! Because CASH IS KING!
May 23, 2010, 2:24 pm - BaristaExpress - Jackpot Games Forum