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$190 MILLION: Mega Millions lottery jackpot rollsNews Story
Florida residents can join in the fun for the first time By Todd Northrop Lottery players across the United States including Florida for the first time are buying their Mega Millions tickets in preparation for Friday's massive $190 million drawing. (See Mega Millions comes to Florida, Lottery Post, May 15, 2013.) The cash value stands at a staggering $140.9 million. Lottery players typically think of the cash value as roughly half of the annuity estimate, but this Mega Millions cash
May 15, 2013, 9:09 am - Todd - Lottery News

$336 million Powerball ticket sold at R.I. supermarketNews Story
By Todd Northrop Rhode Island Lottery officials say the winning ticket in Saturday's $336.4 million Powerball jackpot was sold at a Stop Shop supermarket at 250 Bellevue Avenue in Newport. The winning Powerball ticket was the only one that matched all five numbers plus the Powerball number Saturday to win what turned out to be the sixth-largest jackpot in US history the third-largest ever won by a single ticket. Officials said Monday that no one has come forward yet to claim the prize,
Feb 13, 2012, 11:03 am - Todd - Lottery News

By Years EndReply
green christmas, o sweet lord yes. dels i like that idea. anyway, i think MM can pull it off also to person voting 400m, er, powerbal has a CAP. to game changes next year, that jackpot cap will kick in , locking it at 390, even if sells support 400+ size lucky, where getting rid of stupid idea that is jackpot cap next year i also voted for 200m, as i can see both mm and pb hitting near 200m, or 100m cash mini before end of year. thro any thing above that is welcome but d
Oct 11, 2011, 11:31 pm - joshuacloak - Jackpot Games Forum

Pa. Lottery to pull the plug on Super 7News Story
Pennsylvania Lottery officials announced the final drawing for Super 7 will be later this month, but it doesn't seem like players will miss the game. Officials cite higher jackpots in the Mega Millions drawing as the decision to cancel the Super 7 game. The last chance for Pennsylvania residents to play will be April 27. Super 7 was successful for the past year, Pennsylvania Lottery Deputy Press Secretary Kirstin Alvanitakis said, but people are more interested in games with bigger jackpot
Apr 15, 2010, 7:46 am - Todd - Lottery News

Lottery winner lost money after investing fundsReply
One cant lose that which they do not place up for risk I guess you've never heard of inflation. Assuming you didn't lose money to a fire or theft, over the past 20 year you still would have lost about 3% every year. That means that every dollar you safely saved by not investing 20 years ago would be worth about 55% of what it was when you stuck it in your mattress, and you'd have about a zero chance that it would ever recover. For those who think that investing their money in a bank is safe
Jan 23, 2010, 11:46 am - KY Floyd - Lottery News

$58.6M Powerball lottery ticket sold in PennsylvaniaNews Story
Second jackpot-winning Powerball ticket sold in Pennsylvania this month Pennsylvania Lottery officials today announced that a York business sold the only winning ticket in the $58.6 million, Oct. 29, Powerball jackpot. We are pleased to announce that Bookland sold the winning ticket from Wednesday night's drawing, said Ed Trees, executive director of the Pennsylvania Lottery. This is the second jackpot-winning Powerball ticket sold in Pennsylvania this month. Bookland, 2114 S. Queen S
Oct 31, 2008, 12:18 pm - Todd - Lottery News

Lottery winner facing tax fraud trial diesNews Story
Editor's Note: A less in-depth news story about this lottery winner was posted earlier today: $13 million Florida Lotto winner dies a pauper Former lottery multi-millionaire Alex Toth, who was broke and facing tax fraud charges, has died at the age of 60. Toth was scheduled to go on trial in June, accused of filing fake tax returns with his wife, Rhoda, who has pleaded guilty and is awaiting sentencing. By the time the couple were charged in 2006, authorities said they appeared to have
Apr 25, 2008, 7:11 pm - Todd - Lottery News

Paying a jackpot over 26 years is too long of a time frameReply
yes the jackpot value is very misleading. But keep in mind the lottery does pay it, and are not the IRS. We pay the actual amount listed they told me a long time ago in an email. But of course they know it is not actual amount. and sadly most peopel think you get the advertised amount. I am a lump sum guy, but if the jackpot is as high as it is now I would not have a problem taking annuity if I had to. I would never even spend the principle if I tried, and no worries about investing and taxes
Mar 5, 2008, 12:21 am - sirbrad - Lottery Discussion Forum

Hoosier LotteryReply
Hey Floyd, First let me say that as a rule I admire your posts. They are generally well thought out...well reasoned and well written. However, when it comes to the doings of the Hoosier Lottery reason (IMHO) does not apply. Your point is well taken. I have been estimating the Hoosier Lottery's sales per draw as well and my figures are very close to yours. During this run I estimate that they are selling approximately 950,000 tickets per mid week drawing and about 1,200,000 for a weeken
Jul 30, 2007, 10:26 am - Uncle Jim - Lottery Discussion Forum

Probability of a MegaMillions rollover.Reply
MM has rolled over. The cash jackpot is $61.3M; the advertised annuity is $105M. The average sales for a ninth draw is $25.6M. Every drawing on this run has produced above average sales though. Even so, average sales would produce a probability distribution of number of winners as follows: 086.43% 112.61% 20.92% 30.04% The exponential model function, for what it's worth, predicts the following long range evolution of the jackpot: Historical Av
Apr 4, 2007, 2:47 am - Prob988 - Jackpot Games Forum