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Probability of a rollover in PB and MM
The powerball rolled over on 2/14/04 and the jackpot is 26,000,000, an annuity jump of $6,000,000. The probability that it will roll again on the next drawing is roughly 93%. The probability of there being 1 winner is 7%. The probability of there being 2 winners is 0.3%. The probability of there being 3 winners is 0.01%Good luck.
Feb 15, 2004, 4:25 am - prob987 - Jackpot Games Forum
Probability of a rollover in PB and MM
Last night, 2/6/04, the MegaMillions Jackpot rolled over again. The $102 million jackpot will now roll to $121 million, an annuity jump of $19 million dollars. This implies that there is a 79% chance that the lottery will rollover again next Tuesday. There is roughly a 19% chance there will be one winner, a 2% chance there will be two winners, a 0.18% chance of three winners, and a 0.01% chance of there being four winners.A crude estimate suggest that there is about 50% chance that the lotte
Feb 7, 2004, 6:43 am - prob987 - Jackpot Games Forum
Probability of a rollover in PB and MM
The MegaMillions Jackpot for Friday 2/6/03 has rolled to 102 million, an annuity jump of 17 million dollars. The probability of there being no winners again is roughly 81%. The probability of there being one winner is 17%. The probability of there being two winners is about 2%. The probability of there being three winners is 0.13%. The probability of there being four winners is 0.01%
Feb 4, 2004, 5:26 am - prob987 - Jackpot Games Forum
Powerball $85 Million
Kristin,It's the first time I've ever seen them track so closely. However, they are deceptively different -- even though the advertised jackpots are the same, the cash options are much different. MM is $50 million cash vs. PB $46 million. The annuity jackpots are the same only because Powerball uses a longer payoff period (30 years) vs. MM's 26-year payoff.I'd rather win the Mega Millions jackpot right now!
Jan 31, 2004, 10:51 pm - Todd - Jackpot Games Forum
Probability of a rollover in PB and MM
The powerball has rolled over again, with the jackpot for 2/4/04 being $85 million, an annuity increase of $11 million dollars. The probability that the jackpot will roll again next Wednesday is 87%. The probability of there being one winner is about 12%. The probability of two winners is roughly 1% and the probability of 3 winners is 0.04%.
Jan 31, 2004, 10:35 pm - prob987 - Jackpot Games Forum
Probability of a rollover in PB and MM
The MegaMillions Jackpot has risen to $85 million for 2/03/04. This is a jackpot jump of 12 million annuity dollars.There is an 86% chance that the Jackpot will roll over again, a 13% chance that there will be one winner, a 1% chance there will be two winners and a 0.6% chance that there will be three winners.The expectation value (likely return divided by odds) is 0.54.
Jan 31, 2004, 5:37 am - prob987 - Jackpot Games Forum
Stupid 6 Final Draw Numbers
08-09-11-23-44-45They announced the Annuity Jackpot at $11.9 Million.Should know if there was a winner and if there is a rolldown in about an hour.
Jan 27, 2004, 5:07 pm - smd173 - Jackpot Games Forum
Lump sum Vs Annuity
I agree with hyper...it doesnt hurt to be prepared...you should have a file named Open in case of lottery win ...there has been some sound advice tossed around the lp in regards to annuity, lump sum, taxes trust....you should toss it into that file for reading when it does become a factor,,,hate to have people get all caught up in the win.... just like a dear caught in the headlights.
Jan 26, 2004, 1:21 pm - fja - Lottery Discussion Forum
Lump sum Vs Annuity
i agree, it would be very nice to have control over the funds... ie the cash option. would investing nearly all funds from the cash option equal the after tax annuity total over the same period of time without taking risks to get there? i don't know which path i'd take.
Jan 25, 2004, 2:55 pm - golotto - Lottery Discussion Forum
Lump sum Vs Annuity
Hey HYPERSONIQ,theres a saying Never count the chicks before it hatch ,however i know it is always good to prepare for the unexpected.To admit,i enjoyed your last statement on the topic pros and cons of annuity over cash.It don't hurt to fantasize.Have fun dreaming.,
Jan 25, 2004, 2:17 pm - mayan27 - Lottery Discussion Forum
