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Killer said lottery cheatedReply
MY GOD, MAN! you can turn anything into an annuity bashing post! I would tell you to get help but I like to laugh.
May 12, 2006, 2:32 pm - Kjelstad - Lottery Discussion Forum

Ohio lottery winner to share winningsReply
NY scratch winners of annuity prizes (including the four versions of Debt for Life) DO NOT have a cash option. Its Lot O' Play is faulty, but Ohio has a better lottery than NY Cash Only a simple solution if you don't like it..... don't play it
May 12, 2006, 8:41 am - fxdwg - Lottery News

Probability of a Rollover in Powerball.Reply
Powerball has rolled. The cash jackpot is $44.7M The advertised annuity jackpot is $100M. Since the matrix change, 9th draws in a series have sold 18.7M tickets on average. If this is how many tickets are sold, the probability of various numbers of winners is as follows: 087.99% 111.26% 20.72% 30.03% The mixed linear/exponential model (switch to exponential at draw 13) suggests the following long term probabilities for jackpot evolution, ignoring caps and reserves, will
May 11, 2006, 7:01 am - Prob988 - Jackpot Games Forum

Probability of a MegaMillions rollover.Reply
The MM has rolled. The new annuity jackpot is $80M. The new cash jackpot is $44. If we treat this drawing as an 8th round roll, and expect its sales to match the 8th round average of 23.3M, the probability of various numbers of winners is as follows: 087.58% 111.61% 20.77% 30.03% The long range modeling program gives suggests the following jackpot evolution: $619,227,666.82$347,142,78345.94%0.40% $541,703,022.91$303,681,99850.27%0.87% $473,150,917.75$265,251,27254
May 10, 2006, 7:17 am - Prob988 - Jackpot Games Forum

Couple wins $800,000 Missouri scratch-off lottery jackpotReply
I just lost my post - having trouble with my ISP. Hockeyguy, you are correct. Many annuities do pay a lump sum to the beneficiaries when the annuitant dies, so that is probably true of many or most lotteries. I have no idea, to tell you the truth. I think it all depends on how the payment structure is set up in the first place. Not referring to the lottery, there are some annuities that will not pay a lump sum if the owner of the annuity dies, but that's always specified in the contract. I ag
May 6, 2006, 4:30 am - justxploring - Lottery News

Probability of a Rollover in Powerball.Reply
Powerball has rolled. The cash jackpot is $32.6M. The annuity jackpot is $73M. Since the matrix change, 7th draws in a series have sold 16.3M tickets on average. If this is how many tickets are sold, the probability of various numbers of winners is as follows: 089.44% 19.98% 20.56% 30.02% The mixed linear/exponential model (switch to exponential at draw 13) suggests the following long term probabilities for jackpot evolution, ignoring caps and reserves, will apply for th
May 4, 2006, 6:50 am - Prob988 - Jackpot Games Forum

Couple has $2M reason to thank their lucky starsReply
GA has a 2.5 million jackpot scratch game, but for some reason it looks like they want to collect the money before handing it out.... I have bought umpteen of these tix and the most I've won is $50. DD PS- it's an annuity only game: 125K per year for 20 years.......
May 3, 2006, 8:34 pm - DoubleDown - Lottery News

Couple has $2M reason to thank their lucky starsReply
Illinois has a $2 Million Scratch card also... Luckily it's not an Annuity either! It is, however, $20 per card -Curt Little Lotto King
May 3, 2006, 5:57 pm - curt777 - Lottery News

Probability of a MegaMillions rollover.Reply
It is now possible to post the long term probability function results. Keep in mind that this function is not usually very accurate in the early draws, but that the deviations tend to cancel out so that the function gives fairly accurate impressions overall. Overall the function predicts, on average, sales within 1% of the historical data. Here is the long term probability chart: $540,637,881.41$303,777,28550.06%0.50% $471,833,064.44$265,116,76754.27%1.00% (Average Annuity, M)$
Apr 26, 2006, 5:29 pm - Prob988 - Jackpot Games Forum

Mega Millions Sets A New RecordReply
This is a function of interest rates most likely and nothing else. As determined from sales, the funded cash value as determined from actual sales (I don't track predicted cash amounts) of the second draw in the last run was $12.1M. According to the MA website, the predicted cash value here is almost $1M less, $11.3M. Unless the MM sells more tickets than expected, there will be no second draw value record. Sales on the first draw were lower than the sales on the first draw of the la
Apr 22, 2006, 4:10 pm - Prob988 - Jackpot Games Forum