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Probabilities of a Powerball rollover.
The last Powerball drawing sold 34,493,168 tickets, a little less than the average for 14th draws in a rollover series, the average being 37,339,884. The average sales for 15th drawings of Powerball in its current matrix have been 46,605,000. If the Powerball consortium sells this many tickets, the probability of various numbers of winners according to a Poisson distribution are as follows: 0 72.69% 1 23.19% 2 3.70% 3 0.39% 4 0.03% A mixed expon
Sep 26, 2008, 11:30 pm - Prob988 - Jackpot Games Forum

Virginia Lottery's 20th birthday raffle drawing heldNews Story
The Virginia Lottery's latest raffle-style game, Virginia's 20th Birthday Raffle, was drawn Saturday, and made one instant millionaire. The winning numbers can be found here: https://www.lotterypost.com/specialresults/va-lottery-raffle-2008-09-20.asp Virginia's 20th Birthday Raffle is a raffle game offered by the Virginia Lottery, with a limited period of availability of $5 tickets. The Birthday raffle differed from most other raffles conducted by Virginia and other states, that ther
Sep 21, 2008, 11:20 pm - Todd - Lottery News

a "tax" question for those in the knowReply
Well, I have to disagree with those who wrote when you get paid. You asked for those in the know and I know. LOL If what you showed in red is from the IRS, it can't be any clearer than when you get paid and not the drawing date. It could apply to when the ticket is validated but in this scenario the hasn't been validated. A payment of winnings is considered made when it is paid, either actually or constructively, to the winner. Winnings are constructively paid when they are credited to,
Aug 13, 2008, 11:40 am - Stack47 - Lottery Discussion Forum

Review: Vultures feast on desperate lottery winnersNews Story
Money for Nothing is a glimpse into a seedy business few will ever encounter. Edward Ugel writes about the trade of preying on bottomed-out lottery winners, crazy for cash to meet their growing debts, waiting for their next annual annuity check to arrive from the state coffers. His tale is a colorfully written account by a self-proclaimed overweight, chain-smoking, Krispy Kreme doughnut-eating, fanatical gambler. For just shy of a decade starting in the late 1990s, Ugel says he worked i
Sep 24, 2007, 11:05 am - Todd - Lottery News

Hoosier LottoReply
will it rolled , so you go Guru and make this site have a lotto winner member! anywho Hoosier Lotto - $48 Million Powerball - $48 Million lol what to pack Hoosiers, you got yourself a tie. rofl o will people said to me 60% range cash{guru} and we all know pb lower on cash payout. but when i went to your states site, it didnt EVEN tell me the cash amount prize of the annuity and it olny talked about Lotto annuity
Sep 20, 2007, 4:20 am - joshuacloak - Jackpot Games Forum

powerball rollsReply
Cash option in MN after taxes is now slightly over $77 million. Put that in a good money market, such as Washmutual or HSBC direct and you can get 5+% annual interest. That is about $3.85 million gross first year interest. year 1 annuity payment is nearly $4.3 million. Thus the smart thing to do is take the annuity payment, live on a comfortable $100k/year and invest the rest into the money market fund. Then divide the net interest each year into 2. Take one half and reinvest
Jan 21, 2007, 1:22 am - xmsr3 - Jackpot Games Forum

The odds of both neither, just one.Reply
Type of OutcomeProbability Powerball Rolls.86.53% Megamillions Rolls90.85% Both Roll78.62% Powerball Rolls, MM won7.91% MM Rolls, Powerball won.12.24% Both won.1.23% Either, but not both, won20.15% Expectation Value TypeValue Pretax Powerball cash basis0.487 Pretax Megamillions cash basis0.286 Prize Values MegaMillions Cash Value$18,700,000 MegaMillions Annuity Value$32,000,000 Powerball Cash Value$44,000,000.00 Powerball Annuity V
Oct 29, 2006, 1:44 am - Prob988 - Jackpot Games Forum

The odds of both neither, just one.Reply
Type of OutcomeProbability Powerball Rolls.88.16% Megamillions Rolls91.31% Both Roll80.50% Powerball Rolls, MM won7.66% MM Rolls, Powerball won.10.82% Both won.1.03% Either, but not both, won18.47% Expectation Value TypeValue Pretax Powerball cash basis0.454 Pretax Megamillions cash basis0.259 Prize Values MegaMillions Cash Value$13,856,808 MegaMillions Annuity Value$24,000,000 Powerball Cash Value$38,800,000.00 Powerball Annuity V
Oct 26, 2006, 9:50 am - Prob988 - Jackpot Games Forum

The odds of both neither, just one.Reply
Type of OutcomeProbability Powerball Rolls.88.95% Megamillions Rolls91.81% Both Roll81.67% Powerball Rolls, MM won7.28% MM Rolls, Powerball won.10.14% Both won.0.90% Either, but not both, won17.43% Expectation Value TypeValue Pretax Powerball cash basis0.414 Pretax Megamillions cash basis0.233 Prize Values MegaMillions Cash Value$9,200,000 MegaMillions Annuity Value$16,000,000 Powerball Cash Value$32,600,000.00 Powerball Annuity Va
Oct 22, 2006, 9:02 am - Prob988 - Jackpot Games Forum

The odds of both neither, just one.Reply
Type of OutcomeProbability Powerball Rolls.89.22% Megamillions Rolls91.67% Both Roll81.79% Powerball Rolls, MM won7.43% MM Rolls, Powerball won.9.88% Both won.0.90% Either, but not both, won17.31% Expectation Value TypeValue Pretax Powerball cash basis0.381 Pretax Megamillions cash basis0.220 Prize Values MegaMillions Cash Value$6,900,000 MegaMillions Annuity Value$12,000,000 Powerball Cash Value$27,700,000.00 Powerball Annuity Val
Oct 19, 2006, 2:26 pm - Prob988 - Jackpot Games Forum