Search

Instant games!Reply
I will say this: if you come to NY, _don't_ play any scratch game with a top prize over $500,000. All such games are ANNUITY-ONLY. Among them is a game with a top prize of $777,777 which is paid in 10 annual installments with NO cash option; (a TV commercial for it is playing as I'm typing this) if you do the math on the back of the ticket, 77,777x10=777,770 which apparently means the NY Lottery gyps you out of seven dollars in addition to not letting you collect the cash value in lump sum.
Jan 12, 2003, 2:20 pm - CASH Only - Instant ("Scratch-Off") Games Forum

Mega Millions and Powerball SynchronizedReply
Since PB uses 30 year annuity and MM 25 we can still compare them based on the Cash Options. And so far PB has still been out in front from every drawing during this cycle.
Jan 11, 2003, 12:01 pm - smd173 - Jackpot Games Forum

Mega Millions and Powerball SynchronizedReply
Using a thirty year annuity may add the benefit of advertising larger jackpots and creating more hype. Don't know if has been commented on, but hype is what really generates the sales.
Jan 11, 2003, 9:26 am - Bug - Jackpot Games Forum

Mega Millions and Powerball SynchronizedReply
Their jackpots amount were the same but they have different annuity length which affected their cash value. MM started with a better cash value, but Powerball had a bigger increase in its jackpot value during the first two rollover. I didn't compare their cash value at the start, so I have no idea what they were. I see Cash only has the facts. Thanks Cash only. RJOh
Jan 11, 2003, 9:08 am - RJOh - Jackpot Games Forum

Mega Millions and Powerball SynchronizedReply
RJ: Since both games restarted at 10m, Mega has rolled over FIVE times; Powerball just FOUR (next Powerball tonight.) The PB cash value was 5.3m or 5.4m when the annuity was 10m; Mega was 6m or just below.
Jan 11, 2003, 8:59 am - CASH Only - Jackpot Games Forum

NY subscription winner a LOSERReply
I don't feel that strongly about it. Maybe if Iactually won I would become more financiallyastute and upset. I'd certainly like to beable to take the lump sum and say goodbye to Massachusetts forever, without being connectedby a yearly check. But it comes down to if I won ...and winning an annuity certainly beats what I have now.I actually know 2 people who have won MA Megabucksand they've never complained about being paidover 20 years.
Jan 10, 2003, 10:34 am - tg636 - Jackpot Games Forum

Jackpot Game SurveyReply
Thanks Cash. BTW, good thought. I forgot to add to the following:#6) If you ever ever won, would you take the annuity or the lump-sum option?
Jan 9, 2003, 8:58 am - JustOnce - Jackpot Games Forum

Jackpot Game SurveyReply
JustOnce: *1. about $10 *2. Yes for Powerball (the PowerPlay option helps), no for MM. *3. Natural. *4. Yes. *5. Yes. *6. LUMP SUM. *7. I would _never_ play any game that is annuity-only .
Jan 9, 2003, 8:51 am - CASH Only - Jackpot Games Forum

Mega Millions and Powerball SynchronizedReply
RJ: Regardless of Ohio's motives, NO player wanting the lump sum should receive a smaller cash value in lump sum than the cash value of the annuity the winner would be paid from if they wanted the annual payments. If anything, Ohio should be ENCOURAGING winners to take the lump sum so that the Ohio Lottery would have less paperwork in the future, etc.
Jan 4, 2003, 8:10 am - CASH Only - Jackpot Games Forum

Mega Millions and Powerball SynchronizedReply
Yeah, I saw the $20 mil tonight. Holy smokes - it goes from 12 to 20! I think that big of a jump goes beyond cashing winners and the longer annuity period. The Mega Millions state lottery directors should get on one their their lovely conference calls and figure out how to match it!
Jan 1, 2003, 10:35 pm - Todd - Jackpot Games Forum