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Euro Millions Lottery Sparks Buying Frenzy With $224 Million Top PrizeReply
Where does Mega Millions advertise its cash value option? On http://www.megamillions.com/ , there is no cash value amount listed, only the annuity.
Feb 3, 2006, 12:07 pm - ryanm - Lottery News

Powerball Sets A New RecordReply
I don't think lottoreport updates the annuity value as announced by the lottery before the drawing. It is possible to calculate the cash value from their very accurate sales figures however.
Jan 30, 2006, 10:07 pm - Prob988 - Jackpot Games Forum

Ohio couple hits lottery jackpotReply
Your numbers didn't come through, althought the 3.,5% did. I remember several threads about Ohio winners where they wound up in court because the city added taxes to their annuity winnings, and the county jumped on board. NJ has that one thing in its favor, no tax on NJ winnings. They get you big time if you win one of the PA or NY lotto's and stay in NJ, but you're safe winning inside the state.
Jan 28, 2006, 5:14 pm - Chewie - Lottery News

Probability of a MegaMillions rollover.Reply
The MM has rolled over. The cash value is now $36.1M and the annuity value is $61M. A running average of 6th draw sales since the matrix change suggests that the sales will be around 20.3M. If this many tickets are ultimately sold, the probability of various numbers of winners is given in the following table:089.09%110.29%20.59%30.02%
Jan 28, 2006, 7:04 am - Prob988 - Jackpot Games Forum

Ohio couple hits lottery jackpotReply
After tax cash value usually comes out to about 1/3 the advertised annuity jackpot, or about 2/3 of the cash option. 50K/year would have been pre-tax. Lump sum of 1/2 of 1 million is 500K so the 357K is slightly more than 1/3 of 1 Mill, 2/3 of 500K.
Jan 26, 2006, 10:56 pm - LckyLary - Lottery News

Probability of a MegaMillions rollover.Reply
The MM has rolled over. The cash value is now $29.9M and the annuity value is $50M. A running average of 5th draw sales since the matrix change suggests that the sales will be around 19.5M. If this many tickets are ultimately sold, the probability of various numbers of winners is given in the following table:089.50%19.93%20.55%30.02%
Jan 25, 2006, 9:24 am - Prob988 - Jackpot Games Forum

Ohio woman decides to drop appeal over lottery taxReply
libra926 wrote: << It doesn't escape me that in some of your Postings, you are simply playing the 'Devil's Advocate' I don't think even you take everything you are saying, seriously..... >> Maybe it looks like I'm playing Devil's Advocate because I'm taking the minority opinion. I'm not taking it because it's the minority opinion, but because it's the legally correct opinion. Why wouldn't I be serious about it? << Technically Speaking, the prize winner,
Jan 24, 2006, 1:39 am - KY Floyd - Lottery News

Prediction PageReply
The All States debate is kind of like the Cash vs. Annuity debate: it will never be settled, because both sides have good points.However, that's what makes it a good feature: it can be used by those who love it, and it can be turned off by those who don't.Because the feature can be ignored by people who don't like it, I personally don't understand when people have animosity against the feature. Maybe someone can explain it to me in rational terms, because I just don't get it.
Jan 23, 2006, 9:15 am - Todd - Pick 3 Forum

Ohio woman decides to drop appeal over lottery taxReply
That's the problem with taking an annuity, you pay taxes on the money when you get it at the tax rate that exist when you receive it, not when you won it, kinda like a IRA with a deferred tax obligation.
Jan 22, 2006, 12:47 pm - RJOh - Lottery News

Probability of a MegaMillions rollover.Reply
The MM has rolled over. The cash value is now $24.0M and the annuity value is $40M. A running average of 5th draw sales since the matrix change suggests that the sales will be around 17.6M. If this many tickets are ultimately sold, the probability of various numbers of winners is given in the following table:090.47%19.06%20.45%30.02%
Jan 21, 2006, 8:07 am - Prob988 - Jackpot Games Forum