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annuity payouts?Reply
The formula for NY Lotto is: 2.5% the first year, 2.7% the second, and increasing by 0.1 point yearly until 5.1% in the 26th and final payment. I would avoid buying NY Lotto tickets because the prize return is a paltry 40% of sales; instead play the new Cool Cash scratch, where you can win free Lotto plays. The best multi-million dollar jackpot games bordering NY are New Jersey Pick-6 Lotto , Connecticut Classic Lotto , and, of course, Big Game and Powerball . (If you drive to Massachuset
Apr 21, 2001, 10:23 am - Guest - Lottery Discussion Forum

LOOKING FOR MASS LOTTERY MATERIALReply
I assume you once lived in Massachusetts, but now live in Florida. If you come back to the Northeast, avoid playing Mass Millions and Mass. Megabucks because the Mass. lottery still requires the jackpot in either game to be paid through an annuity, although Big Game winners can receive a lump sum. Also, avoid (where I live) New York Lotto , because the NY legislature won't allow the prize pool to exceed 40% of sales.
Mar 26, 2001, 4:57 pm - Guest - Lottery Discussion Forum

Wisconsin Mega BucksReply
Last week I emailed a question to the lottery, this is their reply... Thank you for reaching out to us with your questions. All prizes in Wisconsin's Megabucks are funded solely out of the tickets purchased. (Approximately 53.5% of each dollar played is allocated to prizes.) As the Megabucks jackpot was recently won, sales must be enough to fund the minimum $400,000 starting cash option before you will see that cash option number begin to increase, and the same can be said of the adve
May 31, 2020, 8:03 am - LiveInGreenBay - Jackpot Games Forum

Florida city still wondering: Who won the $590M lottery jackpot?Reply
Do people who wait a long time to cash the big one get more attention or less? both, this is record amount of cash for only 1 ticket to have won ofc the media going to be all over this winner when they go public how long they wait does not matter, media WILL cover this winner ---------------------------------- 60 days thing is not true folks .............. its 180 days to claim the 60 day thing is some arcane IRS/Treasury department rule on the winners Have to pick the cash/o
Jun 3, 2013, 12:22 pm - joshuacloak - Lottery News

why did more people win in the 1990's than today? Lotto.Reply
Ive noticed that there are less winners today than in the past scientistman however u have 1 major flaw, u dare put in 2013 numbers, when year NOT even done a fair look at amount of winners should only be done in WHOLE year grouped data numbers some months will have low jackpots, its not far at all to compare month to month data, yearly data, godly more fair so sense 2013 not even over buddy, lets do 2012 data as a whole vs 1993 my data shows 2012 had a lo
Mar 4, 2013, 2:02 am - joshuacloak - Lottery Discussion Forum

Iowa Lottery security chief bent on determining identity of jackpot winnerNews Story
The mystery began on Thursday, Dec. 23, 2010. Time: 3:24 p.m. Scene: a QuikTrip, 4801 N.E. 14th St., near Interstate Highway 35/80 in Des Moines. Somebody bought a Hot Lotto ticket there. Six days later, the ticket turned into a $16.5 million winner. Then the ticket went unclaimed for 364 days, 22 hours and 10 minutes. At 2:10 p.m. on Dec. 29, two attorneys from the prominent Des Moines firm Davis, Brown, Koehn, Shors Roberts PC presented the ticket, one hour and 50 minutes before it was t
Jan 10, 2012, 6:18 pm - Todd - Lottery News

Millionaire for Life multi-state lottery game to replace Cash4Life and Lucky for Life in FebruaryReply
I haven't paid any attention to this game nut I just saw it on the NY lottery's home page for the first time. Obviously everybody gets to decide whether or not they want to play, but here are a couple of thoughts. The first is largely about playing this or playing PB (or MM) when the jackpot is still small. Generally, at least 8 to 10 million people (5 to 7 isn't unusual for Monday drawings) spend $2 when the annuity is $20 to $30 million (even if you die before the drawing) and the cash val
Feb 23, 2026, 3:50 am - KY Floyd - Lottery News

Winner of $139 million Powerball lottery jackpot from Ohio has less than a month to claim itNews Story
Someone is one step away from claiming $139 million or from losing it all By Kate Northrop A $139.3 million Powerball lottery jackpot, won by a single ticket in Ohio, is set to expire at the end of 2024. Whether someone still has a $139.3 million winning Powerball lottery ticket in their possession means the difference between instantly becoming a multi-millionaire and losing out on what could have been an entirely different life. There is less than a month on the clock for the l
Dec 3, 2024, 7:56 am - Todd - Lottery News

Teen buys first lottery ticket on her 18th birthday and wins $1,000 a week for lifeNews Story
Charlie Lagarde was celebrating her ascent into adulthood. On her 18th birthday earlier this month, the Canadian teenager bought a bottle of sparkling wine and a $4 scratch lottery ticket at a nearby convenience store in Quebec and, just like that, her future was off to a very nice start. Loto-Qu bec officials said in a statement that after buying her first lottery ticket, Lagarde won the grand prize March 14 in the Gagnant vie (Winner for life) game. Her first major decision as an adul
Mar 29, 2018, 10:45 am - Todd - Lottery News

Judge rules NJ couple's lottery annuity payments can't be taxed retroactivelyNews Story
A New Jersey Tax Court judge has sided with a couple who won $46 million in the state lottery in 2000 and elected to have their winnings distributed in annual installments as a multiyear annuity payment, holding that the state did not have the right to retroactively tax their winnings after passing a new statute. Plaintiffs Melvin Milligan and Kim Lawton-Milligan, who won the Big Game Lottery jackpot drawing in 2000, opted for 26 annual payouts of $1.77 million. They argued that the 2009 sta
Oct 14, 2016, 9:33 am - Todd - Lottery News