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California man says he's waited nine weeks for $44 million Powerball lottery jackpot payoutReply
Sounds like California Lottery is making the process super complicated. I live in Colorado and here are the Powerball regulations for my state: 14.A.6 Payment of Prizes A. - Grand Prizes shall be paid at the election of the Ticket Holder either by a single cash payment or in a series of annuity payments. The Ticket Holder becomes entitled to the Prize at the time the Prize is validated as a Prize Winner. However, the Grand Prize is paid by the Lottery upon receipt of funds from MUSL no e
Nov 2, 2024, 3:51 pm - shy1979 - Lottery News

do you consider only the cash value when deciding to buy pb or mm or other jackpot game?
personally, i think it's a scam for jackpot games to advertise the top prize by its annuity value. winners always take the cash value, which is usually less than half of what the annuity is.
Jun 19, 2024, 2:34 pm - Brock Lee - Lottery Discussion Forum

UPDATE: Proposed changes to Mega Millions game will raise ticket price to $5Reply
Lastly ... Would it hurt the consortium to reduce the annuity to 20 years instead of 29? The annuity is what can be bought with the cash value of the jackpot .. If you cut down on the term, then the annuity / jackpot value will be less. If it is about a third less.. jackpot value is going to be a third or more less..... So, by reducing the annuity period, you significantly reduce the value of the jackpot that you can advertise... (but the cash value remains the same) It bec
Jun 15, 2024, 7:01 pm - kao1632 - Lottery News

Powerball reaches $643 million: highest lottery jackpot of 2025Reply
Yep it's not even a top 25 jackpot per the cash value. What really matters is that the advertised annuity is #23 but the cash that a winner will almost certainly take is only #37. It's getting there, but as of now this one isn't a huge jackpot in terms of the biggest jackpots of the last few years. The 5% annual increase in payments makes the lump sum even less than it would be with constant annual payments. I'm surprised that you got that completely backwards. With fixed annual pa
Aug 21, 2025, 3:43 am - KY Floyd - Lottery News

Millionaire for Life multi-state lottery game to replace Cash4Life and Lucky for Life in FebruaryReply
* The annuity for this generally makes even less sense than with PB or MM, especially for anyone over 50ish. I'm over 50 and I already have plans to get a full body MRI from someplace like Ezra before I decide whether to take the annuity or cash. If I don't have any serious illnesses, it'll be annuity. People are often living into their 90's these days. My family isn't especially long lived but I take better care of myself than the rest of them do. https://ezra.com/pricing
Feb 23, 2026, 11:02 am - HoLeeKau - Lottery News

$1.5 BILLION: Massive Powerball jackpot fuels rush for ticketsReply
Can't get anything past you, can I? Except sarcasm. Along with the lower interest rate and a magically increased cash value, the sales estimate was revised downward from $312 million to $288.5 million. The estimate for the funded annuity was also revised downward from 1.502B to 1.475B. The only reason the posted cash value was raised is because the previously posted cash value can't buy a big enough annuity to match what they've advertised. It's hardly the first time. For at least a cou
Dec 20, 2025, 12:42 pm - KY Floyd - Lottery News

Are you playing Mega Millions with the $5.00 per play?Reply
It will not go above $10 Mil until the cash value can support the annuity value. We can see the last go around, the change in cash was below $5 Mil and the annuity remained constant for the first 6 drawing changes. Once the change in cash goes above $5 Mil, the change in annuity should go above $10 Mil.
Jul 25, 2025, 11:40 am - JADELottery - Lottery Discussion Forum

Michigan needs new gamesReply
I understand what your saying. The REAL jackpot is the cash value in MM, PB, and most state games if not all, that offer an annuity option. If a winner wants the annuity the cash is invested for the annuity.
Oct 27, 2024, 6:19 pm - rcbbuckeye - Lottery Discussion Forum

Mega Millions and Powerball RaceReply
I don't look at the worksheets enough to notice usually but they increased the annuity and the estimated sales but the cash is still listed the same as before at $498. Any idea why? I don't know for a fact what management thinks, but the worksheet still shows the estimated, and advertised, and the cash value is the cash (prize) that would be needed to buy the annuity if the annuity was being bought. That it also shows the expected sales and he annuity that could be bought with all the cash
Sep 1, 2025, 8:52 pm - KY Floyd - Lottery Discussion Forum

Are you playing Mega Millions with the $5.00 per play?Reply
Since no jackpot has been won in the $900 Million Annuity Range, this TN Volunteer has agreed to accept that amount from the draw this coming Saturday. I just want to thank all of you in advance for your contributions to my jackpot win. ANNUITY: 12. Mega Millions: $1.05 billion, Jan. 22, 2021 (36 rollovers, starting at $20 million) - Michigan 13. Powerball: $842.4 million, Jan. 1, 2024 (34 rollovers, starting at $20 million) - Michigan CASH VALUE: 18. Powerball: $450.2
Aug 28, 2025, 10:22 am - CDanaT - Lottery Discussion Forum