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6 things to do before claiming your lottery prizeNews Story
What should you do if you win the lottery? Take it from someone who has developed a national reputation for working with sudden wealth recipients or as a client recently remarked, a lottery financial adviser : There are countless financial, tax and legal strategies that you can take to make the most of your sudden money but not so fast! Winning the lottery is a unique sudden wealth event that requires several immediate decisions. Here are six things you should do before you claim your lottery pr
Jun 5, 2013, 8:55 am - Todd - Lottery News

$170 MILLION: Mega Millions back into the realm of monster jackpotsNews Story
By Todd Northrop As Powerball has been grabbing headlines for its frequent big jackpots, the United States's other huge multi-state game, Mega Millions, has been quietly and steadily increasing its jackpot. Tuesday night we'll find out if the Mega Millions lottery game enters into the realm of $200+ million jackpots, or if an incredibly lucky ticket-holder wins a $170 million jackpot. The lump-sum cash value stands at a staggering $126.7 million. It's been some time since the Mega Mi
May 11, 2013, 9:39 am - Todd - Lottery News

Tennessee to add Hot Lotto multi-state lottery gameNews Story
Game will also see changes to number pool and prizes By Todd Northrop Starting Sunday, Tennessee Lottery players will be able to purchase tickets for Hot Lotto, a multi-state game currently played in 14 states and Washington, D.C. Hot Lotto is a multi-state drawing-style game similar to Powerball and Mega Millions. The all-cash jackpots begin at $1 million and average between $5 million and $6 million. Tickets cost $1 each, and a Sizzler option that triples all non-jackpot prizes cos
May 10, 2013, 9:42 am - Todd - Lottery News

Are you a creature of habit when purchasing your lottery tickets?Reply
FLORIDA POWERBALL JACKPOT WINNERS WITH RETAILER INFORMATION Winner: Lottery Retailer: Advertised Jackpot: Actual Jackpot: Annuity / Cash Option: Prize Payout: Jackpot-Winning Tickets: Draw Date: 5 Christopher McGurran - QP Sweetbay #1723 $50 million $50 million Cash Option $32,446,463.34 1 12/26/2012 of Saint Petersburg2139 34th Street North, Saint Petersburg 4 Carvajal Family Group - (QP) Publix $182 Million $182 Million Cash Option $91,187,716.61 1 2/26/2011
Apr 20, 2013, 1:34 pm - sheepdogg - Lottery Discussion Forum

Liquor store in Passaic, NJ, sold winning Powerball ticketNews Story
Rumors were wrong Update: complete raw video of press conference added By Todd Northrop Contrary to rumors swirling in the media and on Web sites this morning, the New Jersey Lottery announced this morning at a press conference that the winning Powerball ticket for Saturday's $338.3 million jackpot was sold at a liquor store in Passaic. New Jersey Lottery Executive Director Carole Hedinger announced Monday morning at a 10:00 am press conference that Eagle Liquors, located at 126 Pass
Mar 25, 2013, 10:18 am - Todd - Lottery News

Woman found guilty of murder in lottery winner's deathNews Story
Includes video report A Florida woman was convicted Monday of first-degree murder in the slaying of a lottery winner in central Florida. Dorice Dee Dee Moore showed no emotion as the verdict was read. Judge Emmett Battles sentenced her to mandatory life without parole for the murder and an additional minimum mandatory sentence of 25 years for using a gun in the commission of a felony. Battles called Moore the most manipulative person he had ever seen, describing her as cold, calculating
Dec 11, 2012, 9:09 am - Todd - Lottery News

POLL - State RafflesReply
Here's a chart in Excel I made of the Powerball lottery comparing to the Virginia Raffle. It is the expected value of a $20 play. Basically, only when PB hits $199.8 million lump sum does the expected value equal that of the Virginia raffle. Also important to note is that this PB expected value rests on the assumption that the top prize does not get split with multiple tickets. In the past, this has meant at least hitting $300 million in annuity value. Also, based on sales of the recent run up t
Dec 10, 2012, 4:36 pm - Toronto - Lottery Discussion Forum

Why Not Converge PB and MM Into a Super Lotto For All States??Reply
mcginnin, A national lottery may have been the plan from the get go. Read on: Lotto*America was the first lottery game offered by the Multi-State Lottery Association (MUSL). It was replaced in 1992 by Powerball, which remains MUSL's flagship game. In 1987, six states and the District of Columbia banded together, since, on their own, they could not create jackpots into the tens of millions of dollars that had become commonplace in the most populous lottery states. MUSL's first game was c
Dec 3, 2012, 6:15 pm - Coin Toss - Lottery Discussion Forum

Beware of sharks swimming in your office lottery poolReply
The nice thing about a lottery pool is that I get to pick the numbers for 100 tickets for tonight's drawing. A lot more than I would buy on my own. I protect myself with a very simple contract that everyone signs. I am sure it is not flawless, but it is enough to establish who was in the pool and who wasn't for a court case. The following individuals agree to join a lottery pool for the Powerball drawing on 11/28/12. Each participant shall have contributed $5 prior to signi
Nov 28, 2012, 12:28 pm - grengrad - Lottery News

DO you really lose money if u take the annunity over the lump sum?Reply
You make a good point onlymoney but consider the MM Jackpot I won Friday ............ Friday, August 10, 2012 10 18 36 38 44 + 08 4 $29 Million And the check I would (hypothetically) receive on Monday down at the Lottery office. Annuity Cash Mega Millions Jackpot for Aug. 10, 2012 $29,000,000 $22,000,000 Gross Prize 26 annual payments of $1,115,385 Lump-sum cash: $22,000,000 - 25% Federal Tax - $278,846
Aug 12, 2012, 1:45 pm - Ronnie316 - Lottery Discussion Forum