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Traveling to Play Lottery
MarkP
The Illinois lottery is pulling the cut the odds in half baloney with the posted odds for the Lotto.
Do a search for a 6/52 game and see what the odds are.
Right now the Loto is $6.5 million as you posted, but it starts at @ million and the progression is a real grind.
I think it's far better to play Powerball and the Powerplay hoping for 5 + 0.
Lotto, posted odds: 1:10,179,260
Odds as stated on back of playslip: 1:20,358,520
Powerball, odds against 5 + 0: Second Prize
May 8, 2010, 6:45 pm - Coin Toss - Lottery Discussion Forum
N.J. school board member claims $211.7M Powerball jackpot
I would probably find a cheap apartment somewhere in another part of the state and use that as my Address . I would not want to move and be away from family....and I like my house....I don't want a bigger house and then pay bigger taxes. I guess disconnecting the phone at the house would discourage people from calling, but the mailing and knocking on the door would be bothersome.
As much as I like my job, I would not want the hassle of being bothered or sued....there have been news items of p
Apr 19, 2010, 5:48 pm - drhymes74 - Lottery News
Arkansas Lottery gets its first Powerball jackpot winner
Just two months after the first Powerball ticket was sold in Arkansas, the state has produced its first jackpot winner.
The 29-year, 30-installment annuity jackpot was $25 million, which can also be claimed as a $12,153,621 million cash option. The net payout after the automatic 25% federal tax withholdings for the cash option would be $9,115,216. Arkansas does not withhold state tax from lottery prize payouts.
The lucky jackpot win for one Arkansas player comes despite the fact that typic
Jan 3, 2010, 8:52 am - Todd - Lottery News
What's Your Lottery New Years Resolution?
1. No longer spend 100% of money I get back on more tickets.
2. Try to play any Raffle that has 400,000 or less tickets
3. Only play 6/xx game here if jackpot =/ 13,500,000
4. Only play multistate games if annuity is $4,000,000 / year or more or
if after tax cash jackpot is at a certain level or greater.
5. Fantasy 5 only at or above $230,000.
6. Quit Fantasy 5 once tax rates go up.
7. Quit raffles once tax rates go up.
8. Change pot amounts to play for on 6/xx game and m
Jan 1, 2010, 10:54 pm - Think - Lottery Discussion Forum
Money for Lottery
this isnt exactly how it works but its close
state takes in $100m in ticket purchases
assigns %60 or 60 mill in prize money
divides it into brackets for ea prize pool
20% top = 12m
30% middle= 18m
50% lower. =30m
top prize in this instance would be $12 mill, if its annuity they buy state mutual bonds and the payout is paid annually so taxes get taken out the yearly payment.
say %1 interest on bonds, = 120k a year for 25 years,
Oct 7, 2009, 1:22 pm - savagegoose - Lottery Discussion Forum
A rough idea of the probability of a rollover.
On August 31, 2007, the MM jackpot was $330M annuity. Sales for that drawing were $137,151,667.
The probability of various numbers of winners for that drawing - which rose from a 250M jackpot and should thus be similar to this drawing was:
k, number of winners p(m,k)
0 45.82%
1 35.76%
2 13.96%
3 3.63%
4 0.71%
5 0.11%
6 0.01%
Zero winners is the probability of a rollover of course, and it is the most probable single out come, although it is
Aug 27, 2009, 8:45 am - Prob988 - Jackpot Games Forum
$325 MILLION: Mega Millions lottery jackpot rolls again
It - is - a - no brainer !
Always take the cash !
I am quite sure that I can invest and get more than the annuity !
More fun with a boat load of cash - no lawyers or financial advisors - just my plan !
I need the good fortune -
Good luck to everyone, but I hope that it is ME !
My posse -
Besides - I already have my Phantom Coupe picked out !
The folks at RR need to work too !
Aug 27, 2009, 1:23 am - dpoly1 - Lottery News
Question to people who play Ohio Lottery?
I bought
$40 EZ Pick (Saturday Drawing)
$10 EZ Pick x 2 drawings (Saturday and Monday drawings)
and
$3 EZ Pick X 3 drawings.(Saturday, Monday and Wednesday drawings)
No one won yet and I still have today and Wednesday to go, no luck on Saturday :(
According to the OH State Lottery calculator:
$15.8 Million. $5,451,000 After taxes
or
$363,000 30-year annuity.
I think I would take Cash Option and put my money in the money market so I can live off o
Mar 9, 2009, 5:21 pm - SmoothJuice - Lottery Discussion Forum
This is why ...
....I keep playing my numbers.
The Florida Lottery today announced that winner Olga Miyares, 73, of Miami, claimed the December 31, 2008, $6 million FLORIDA LOTTO jackpot at Lottery Headquarters in Tallahassee.
Miyares chose the one-time, lump-sum payment option for her winnings in the amount of $4,121,194.00. She purchased her winning FLORIDA LOTTO ticket at News Plus, located at 5781 North University Drive in Tamarac. The retailer received a bonus incentive of $15,000 for selling the ja
Jan 26, 2009, 2:43 pm - justxploring - Jackpot Games Forum
N.J. Lottery's raffle drawing is finally here
After seeing all the other raffle-drawing states crown their millionaires during the holiday season, New Jersey lottery players may have gotten restless.
But tonight is now their night.
The full list of winning numbers for the Jersey Jackpot Raffle can be found on Lottery Post's New Jersey Lottery Results page (www.lotterypost.com/results/nj).
Jersey Jackpot Raffle, a short-term raffle-style game, will make 1,216 lucky players richer, with prizes ranging from $250 up to the top $2 milli
Jan 21, 2009, 8:33 pm - Todd - Lottery News
