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Probability of a Rollover in Powerball.
The powerball has rolled over and the new estimated cash jackpot is $11.8M. The annuity jackpot is $25M. The previous cash jackpot was, based on sales, $7.9M. This means the lottery expects to sell about $12.7M in tickets. The probability of various number of winners is given in the following table:091.67%17.97%20.35%30.01%
Nov 10, 2005, 9:14 am - Prob988 - Jackpot Games Forum
Cashier giving me Cash Option
Give it back to the clerk and say the ticket is an error. They are required by law to take it back, so long as you haven't left the counter. Then make sure you get annuity on the next ticket. Odds are the first ticket wasn't the big one, anyway.
Nov 9, 2005, 11:55 pm - NoCompLotto! - Lottery Discussion Forum
Play a little often or a LOT rarely?
I'm come to the same conclussion. Until it hits the $100M annuity mark, I'm not going there any more. Between the drive time, and the upcoming snow days, I'm backing off.
Nov 8, 2005, 6:33 pm - Chewie - Lottery Discussion Forum
Probability of a Rollover in Powerball.
The powerball has rolled over and the new estimated cash jackpot is $9.4M. The annuity jackpot is $20M. The previous cash jackpot was, based on sales, almost $4.7M. The lotteries sales in the last $20M drawing was 13.5M. Assuming this repeats, the probabilities of various numbers of winners is roughly given as follows:091.17%18.42%20.39%30.01%
Nov 7, 2005, 3:17 pm - Prob988 - Jackpot Games Forum
OR Lose for Life/PA Unlucky for Life
So you're saying he'll choose the annuity option for his dog lottery ? He'll be kicking it year after year and never getting what he wants! LMAO
Nov 7, 2005, 1:34 pm - whitmansm2 - Lottery Discussion Forum
NY King Kong Millions online game
According to the rules it SOUNDS like a computer will pick the winning number(s). Remember that players must choose lump sum or 26 annual payments when playing-a computer could be programmed so that the $50 million winner receives annuity.
Nov 6, 2005, 7:03 pm - CASH Only - Jackpot Games Forum
PA Unlucky for Life
That's true. But it's not really that much of a concern, seeing that only an idiot would take the annuity with a jackpot that low!
Nov 6, 2005, 2:32 pm - JimmySand9 - Lottery Discussion Forum
PA Unlucky for Life
jimmy:The minimum amount for a 30-year annuity seems to be $2 million. Divide 500k by 30, subtract 25% towards federal taxes and see what you have. Then suppose multiple winners.
Nov 6, 2005, 1:16 pm - CASH Only - Lottery Discussion Forum
$500 Million Jackpot!
All it would take is some more jackpot annuity inflation by MUSL to get to 500. Of course the cash amount will be really small and odds are you won't be around for the final check but who cares. I doubt MM will ever get there but it would be nice if MM could break 300 million which it has never done.
Nov 6, 2005, 11:13 am - dvdiva - Lottery Discussion Forum
OR Lose for Life/PA Unlucky for Life
Actually no it wouldn't Cash. The game was created to be an annuity type game. If they wanted it to be cash they wouldn't have called it lucky for life. And if senior citizens have a problem with excepting the way the game is, then they too don't have to play. There are many different types of lotto games to choose from. Simple as that. No one is being deceived.
Nov 5, 2005, 4:50 pm - bellyache - Lottery Discussion Forum
