Search

incredible storyReply
If a person was somehow 'sure' they had the winning numbers, and if the amount warranted it, you take the cash option with one ticket, and take the annuity with the other, that's why.
May 2, 2007, 12:05 pm - guesser - Lottery Discussion Forum

'All or Nothing' gameReply
Only if were no more than a dollar per ticket. It would have to start at with at least a $20 million annuity jackpot and be held once a week to keep it going.
Apr 18, 2007, 11:54 pm - MegaWinner - Lottery Discussion Forum

NJ lottery winner has 2 weeks to claim $19M jackpotReply
Umm...yeah, if it was a choice between annuity payments or nothing, I think I'd settle for the payments. Odds are though that this ticket will go unclaimed. It was probably thrown away a long time ago.
Apr 11, 2007, 4:33 pm - MissNYC - Lottery News

MegaMillions advertised annuityReply
Let's say you live in a state that taxes lottery winnings at 8%, and you win $20 million. Would it pay to take the annuity and move to a state that doesn't tax lottery winnings? You don't end up paying taxes to the state you bought the ticket in, do you? Just your state of residence?
Apr 10, 2007, 3:26 pm - LuckyLilly - Jackpot Games Forum

Did thousands of B.C. Lottery players throw away winning tickets?Reply
I keep my old tickets. I have some old ones, like PA Super 6 and a Delaware Powerball printed by the old machines in the pre-Powerplay days (with Annuity stamped on them).
Apr 6, 2007, 9:25 pm - rdc137 - Lottery News

POLL: "Reverso"Reply
Or they can try this. Charge $1 for the Reverso option. At the end of every jackpot drawing, they would minus the JP winning 5 balls in the tray (which would make it a 5/51 game for MM). Then they would empty all the remaining balls into another tray and the last 5 balls would be the Reverso winning numbers. The JP prize for that can start at like $350,000 or something like that and keep rolling every drawing if nobody wins. So you have the 5+1 and the 5 ball reverso JP within a JP ever
Mar 28, 2007, 10:45 am - MegaWinner - Lottery Discussion Forum

winning the lottery in new yorkReply
Better still, just assume that if you win a big jackpot you'll be paying the maximum tax rate on most of it. For federal that's 35% and for NY it's almost 7%. Once April 15th rolls around you can figure that you'll get to keep a hair over 58% of the gross. The part that isn't taxed at the maximum rate could mean about an extra 30 grand or so. Over a 25 year annuity payout that adds up.
Mar 18, 2007, 5:33 am - KY Floyd - Lottery Discussion Forum

MM PayoutReply
You could buy several smaller annuities if you wished. The main annuity is just like making one investment, in this case US government bonds. Historically US bonds have kept their value, but we have never had a government quite as irresponsible as we have now. I'd take the cash just to diversify my holdings.
Mar 13, 2007, 7:59 am - Prob988 - Jackpot Games Forum

How High Will You Go?Reply
The last roll of MM increased the (annuity) jackpot by about $115 million, which means that if it had rolled it would definitely have gone past $500 million. Even with 212 million tickets sold there was at least a 1 in 3 chance of rolling, so I'd say that reaching $500 million is a foregone conclusion. The only question is when it will happen and which game will do it first. The higher odds say MM is more likely to roll, but the longer annuity payout for PB let's them inflate the advertised j
Mar 9, 2007, 1:12 am - KY Floyd - Jackpot Games Forum

Georgia Trucker Claims Half of Record $390 Million Lottery JackpotReply
It depends on if the winner feels it is better to invest the money themselves from the present value or let the Lottery do that and pay it out over time. With a jackpot that size I'd see no problem with annuity. Every year there'd be a payment that itself would equal a lottery jackpot. In my program if I backtest with Quick Picks vs. my system, my system will always beat it (but needs to get a decent ratio to beat the 50% take out).. they put the drawing on Times Square which would throw off
Mar 8, 2007, 8:05 pm - LckyLary - Lottery News