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Probability of a MegaMillions rollover.Reply
The Megamillions has rolled over again, and the cash value has risen. Based on sales, the cash value reached $131.5 and is expected to rise to $153.4, the annuity value from $165M to $192. This means that the lottery expects to sell about $70.2M tickets. From these values I estimate the probability of various numbers of winners as follows:067.06%126.79%25.35%30.71%40.07%50.01%My long term prediction developed above was off by about 5%, which I don't consider all that bad, given that it is onl
Nov 9, 2005, 10:00 am - Prob988 - Jackpot Games Forum

NY King Kong Millions online gameReply
How does a lottery benefit from giving out an annuity as opposed to cash?
Nov 5, 2005, 4:55 pm - JimmySand9 - Jackpot Games Forum

Who and How do you Invest your WinningsReply
Select Annuity when you place your bet.
Nov 1, 2005, 7:58 am - Raven62 - Lottery Discussion Forum

Probability of a MegaMillions rollover.Reply
The Megamillions has rolled over again, and the cash value has risen. Based on sales, the cash value reached $87.9 and is expected to rise to $85.9M, the annuity value from $147M to $165. This means that the lottery expects to sell about $35.1M tickets. From these values I estimate the probability of various numbers of winners as follows: 081.89%116.36%21.63%30.11%40.01%This run is producing, overall, higher sales than the last run, which has complicated an understanding of what the odds of a
Oct 29, 2005, 9:35 am - Prob988 - Jackpot Games Forum

Said & done before but ...
I know the discussion between lump sum or annuity have been discussed over and over before but ....I'm just wondering. (Not trying to bring any controversy.) If you were to win the Powerball, Megaball, or whatever lottery, and the winning amount was between $15 million - $30 million. Would you still take the lump sum or annuity? If you are going to take the annuity, is there a point when you will choose lump sum? I've wondered about that. I know when the Powerball is high (like in the $100 mi
Oct 23, 2005, 3:15 am - mt7895 - Lottery Discussion Forum

Cashier giving me Cash OptionReply
Tell them Annuity maybe they don't understand the phrase Annual Payments
Oct 18, 2005, 12:47 pm - JAG331 - Lottery Discussion Forum

Cashier giving me Cash OptionReply
I think that is the very reason to check all tickets while you are still at the register. Can't you give them back in TX and tell them there is an error? Don't understand why you would keep them if you specified annuity.Do you have bet slips? Fill them out and check off annuity. No errors that way.Also you might want to check here for other benefits of cash vs annuity.https://www.lotterypost.com/thread/121188.htm
Oct 18, 2005, 5:52 am - truecritic - Lottery Discussion Forum

would you take cash or payments on the PBReply
an additional thought if you live in a state with income tax the are going to take 5% on lump sum. If you take the annuity you could pay the 5% on the 1st annuity pay and then move to a state with no income tax such as TN TX FL NV. Can any one tell me why the MM Annuity vs cash is 90/53 = little less than 60% and PB is 340/164.4 which is less than 50%.
Oct 16, 2005, 8:48 am - hsvscubaski - Lottery Discussion Forum

would you take cash or payments on the PBReply
I think the only people choosing an annuity from the lottery are those not bright enought to figure out that you can purchase your own annuities. It's all about control. If you get your own annuity you control it. If it's the lotteries annuity they control it plus keep all the interest if rates go up. Any surpluses you would keep on your own annuity. It's not like tax rates are going to go down. They are at a historic low (for the last 50 years) now and will only go up to cover the insane amount
Oct 13, 2005, 8:01 pm - dvdiva - Lottery Discussion Forum

pb at 240 or 117 cashReply
Geez, the cash prize was less than 50% of the annuity then!!?
Oct 9, 2005, 1:21 am - ryanm - Jackpot Games Forum