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N.C. woman takes $8 million lottery prize as $400,000 a year annuityNews Story
A North Carolina woman tried her luck on a $50 scratch-off and won the $8 million top prize that she will collect in $400,000 annual payments for 20 years. Latonya Rayford of Charlotte bought her lucky $8 Million Money Maker ticket from the BP Food Mart on West Sugar Creek Road in Charlotte. When Rayford arrived at lottery headquarters Monday to collect her winnings, she had a decision to make. She could choose to receive her prize as an annuity of $400,000 a year over 20 years or a lump
Jul 10, 2025, 11:04 am - Todd - Lottery News

Are you playing Mega Millions with the $5.00 per play?Reply
Powerball's increase of $8.8 Million is pretty consistent with a Monday drawing. We like Powerball's transparency with Jackpot changes. Below we can see the change in Annuity, Cash and the Sales values all move fairly well with each other. Powerball doesn't give a false perception of Jackpot growth. Mega Millions, however, we can see the disconnect of the Annuity changes relative to the changes in Cash and the Sales for each drawing at the beginning of a Jackpot Run.
Apr 12, 2026, 11:54 pm - JADELottery - Lottery Discussion Forum

$1.3 BILLION: Powerball jackpot soars to 5th-largest in game historyReply
I simply load the last cash value, and subtract the previous cash value (generally off the Texas Lottery site) and use the cash/sales ratio to estimate sales . And in this case you got garbage out because you put garbage in as a result of data that wasn't updated. In this case it looks like you used the $498.4 million cash value for the originally announced $1.1 billion jackpot. The actual cash value at drawing time was about $46 million higher, so they needed almost 70 million fewer ticket
Sep 4, 2025, 3:37 am - KY Floyd - Lottery News

I know that this is technically not a lottery question, it's about PCH Sweepstakes bankruptcy .Reply
if you're worried about a state lottery not being able to pay an annuity, choose the lump sum.
May 27, 2026, 9:11 pm - Brock Lee - Lottery Discussion Forum

I know that this is technically not a lottery question, it's about PCH Sweepstakes bankruptcy .Reply
He said this left him financially ruined and he can't find a job as he hasn't worked in roughly 10 years and is an older man. He said he blew his PCH Annuity payments frivolously Poor decisions can lead to all sorts of problems. If he's lucky some of that frivolous spending resulted in assets that can be sold, such as more house than a guy with a modest fixed income (he probably qualifies for social security) needs, and Walmart might give him a job as a greeter. What do the wronged PCH
May 26, 2026, 12:18 am - KY Floyd - Lottery Discussion Forum

Annuity or Cash ValueReply
I voted for the cash please. When I was young I wanted the Annuity.
May 14, 2026, 10:35 pm - JackpotWanna - Lottery Discussion Forum

Annuity or Cash ValueReply
What would be a reasonable cut off age where one says, heck no, am taking cash I don't think that whether or not you expect to live long enough to collect all of the payments is a good reason for making the choice between cash and annuity. Being older, within reason, could argue in favor of the annuity. If you're under 50 or 60 there are probably a lot more reasons you might want to spend a disproportionate amount of the jackpot in the first few years. If you're 70 and the cash value is $10
May 12, 2026, 10:55 pm - KY Floyd - Lottery Discussion Forum

Are you playing Mega Millions with the $5.00 per play?Reply
I see you all PB fans drooling at the MM $178,000,000 annuity, please no body crosses over, stay on your lane, lol, just kidding
May 1, 2026, 10:50 am - JustMaybe - Lottery Discussion Forum

Balancing Odds and Cost 😁Reply
And it's a lump sum of $10 million, not this annuity nonsense with its 50% haircut.
Apr 26, 2026, 4:48 pm - Tucker Black - Lottery Discussion Forum

US Powerball multi-state lottery game expanding to the UKReply
l read what the Article says Above it says British players do not have the option to take Lump sum. And that any British player that wins Power Ball must take the Annuity. So Annuity is their only available option. Some people ask about federal tax. There are two ways to work around it . One pay your federal tax After you win or Two your federal tax adds 20 cents or ten cents to the cost of the ticket. And l think Powerball should eliminate federal and state tax Completely. Treat it like lottery
Apr 15, 2026, 6:23 am - Powerball765 - Lottery News