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Which game will reach the billion-dollar jackpot?Reply
The real winners here are the govt. Apparently I was listening to radio before the game changed a few weeks ago and that Powerball people already claimed that they made more money. MM that will do the same. Heck the jackpot could go to 5 billion dollars annuity and honestly I don't care. It's a trap for the govt to screw anyone. You're not clearing after taxes about $500k for sure. One more point to make is that if you do the lottery pyramid anyway you can it's not easy
Nov 13, 2017, 10:07 pm - wander73 - Jackpot Games Forum

Back taxesReply
This is from the USA MEGA site. Are lottery prizes taxable? Lottery winnings of $600.01 and over are subject to Federal Withholding tax. For winnings of $600.01, up to and including $5,000, you will be issued a W-2G form to report your winnings on your federal income tax form. For winnings of $5,000.01 and over, your state's Department of Revenue removes the 25 percent federal withholding before you receive your winnings check (or, if it is an annuity, from each winnings check). You the
Nov 2, 2017, 8:59 pm - grwurston - Lottery Discussion Forum

77-year-old crossing guard with winning $1M lottery ticket will keep workingReply
Congrats on his win. I doubt he will have any issues continuing to work. He didn't win $1 million, but rather $536,227. Advertising jackpots that aren't immediately payable in the full amount (ie. annuity) is very deceptive marketing. Though it used to be worse decades ago. After much negative press, most lotteries, usually in fine print and/or in the official rules, indicate the cash value along with offering a lump-sum payout option. Even better, many lotteries have moved to all cash jackpo
Oct 20, 2017, 8:40 pm - Ron5995 - Lottery News

N.J. man claims $24.1M lottery jackpot just 2 days before expirationReply
Wait a minute, are you saying he was forced to take the annuity ? The story said he decided to take it. He won in New York, in Jersey we have to make the choice when we buy the tix.
Oct 13, 2017, 6:36 am - haymaker - Lottery News

Wed. Powerball lottery jackpot jumps to $700 millionReply
There's a simple formula that tells you the chance of something happening based on the probability and the number of chances. As a rough approximation the increase in the annuity value is the same as the number of tickets sold. If the final jackpot is $700 million that's an increase of about 160 million dollars resulting from sales of about 160 million tickets. Figuring the jackpot will get to 725 to 750 the actual sales will be closer to 185 to 210 million tickets. In that case the chance it
Aug 23, 2017, 12:17 am - KY Floyd - Lottery News

Las Vegas: Megabucks jackpot hit downtown LV @$11.8 millionReply
For our Slot Machine Aficionados- Follow up on above abridged announcement: The Magabucks jackpot hits Southern Californian winner identified as Rodolfo T. @ th Fremont Casino downtown LV .IGT progressive jp typically offer a lump sum payment less than the actual jp or they can be paid on a annuity schedule. Pro-Player Advocate Eddessa_knight with Lucky Light
Aug 12, 2017, 3:27 pm - eddessaknight - Gaming Forum

$346 Million for Tuesday Mega MillionReply
USAMEGA now has the new amounts for MM. Annuity= $350,000,000.00 Cash Value= $218,000,000.00 Here in CA and Texas the ATTH After Tax Take Home is $131,672,000.00 You get this amount by multiplying $218,000,000.00 X .604 = $131,672,000.00 1 - .604 = .396 which is 39.6% the amount the Fed's take in taxes total. Here in CA, TX, and Washington.
Aug 8, 2017, 4:16 pm - music* - Jackpot Games Forum

Mega Billions?Reply
Back when the odds of winning were 1 in 175 million MM sold enough tickets without producing a winner to generate a cash jackpot of $474 million. The probability of that happening was the sae as the probability of selling enough tickets without a winner to generate a cash jackpot of $698 million with the current odds of 1 in 258 million. Based on the current cash/annuity ratio a cash value of $698 million would be advertised as $1.13 billion, so it's clearly possible that MM could reach $1 billi
Aug 1, 2017, 3:15 am - KY Floyd - Jackpot Games Forum

$145 Million for Tuesday Mega MillionsReply
When I win MM this Wednesday night I will take the Annuity. I will enjoy spending the $1,400,000.00 for the first year. That is more than $100,000.00 per month. This will reduce my gift giving. I will have a plan on saying NO. Like in Megan Trainers song, NO. My name is NO. My sign is NO. My number is NO. You just have to let it go. Enjoy playing!!!
Jun 25, 2017, 12:23 pm - music* - Jackpot Games Forum

$435 MILLION: Powerball lottery jackpot on track to 17-month highReply
annuity vs lump sum good points could be made for either choice for self and self alone ,I'm leaning towards taking the payments and running wild for a short while while I search for that quiet home
Jun 8, 2017, 2:54 pm - hearsetrax - Lottery News