Only the 4th time in history a lottery jackpot has grown to $700 million+
By Todd Northrop
This week lottery players across the United States will be pulling out all the stops to try and win Powerball, featuring one of the largest lottery jackpots in history, worth an estimated $750 million.
If you feel like it's been a long time since Powerball last had a jackpot winner you'd be right. The 25 consecutive drawings since the last winner on Dec. 26 is the longest stretch without a jackpot winner in the game's history.
All those drawings have accumulated a massive pile of cash, ready to provide multi-generational wealth to the lucky lottery player who wins it all.
It is the 4th-largest lottery jackpot in world history, and the 5th-largest cash option ever offered. It is also only the 4th time in history any lottery jackpot has crossed the $700 million mark.
Saturday night when there were no Powerball jackpot winners, the new jackpot for Wednesday's drawing was raised to $750 million, with a lump-sum cash option of $465.5 million. Nearly a half-billion dollars in cash!
Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs. For example, the original estimate for Saturday's drawing was $625 million, but by the time all the proceeds were counted just before draw-time, the jackpot had swelled to $638.8 million.
Of course, any big winner (or winners) of Wednesday's Powerball jackpot will have to pay taxes on their prize, so the website USA Mega has a handy Powerball Jackpot Analysis page available to calculate the federal and state taxes that would be withheld upon payout. (Additional taxes beyond what is shown in the analysis will likely be owed by the winner the following April, depending on how the winner chooses to dispose of and invest their money.)
Players looking for a nearby lottery retailer — or that out-of-the-way retailer with a smaller line — are encouraged to use Lottery Places, the only app for iOS, Android, and Windows that can locate the nearest lottery retailers in every jurisdiction that sells Powerball and Mega Millions. The helpful app can locate lottery stores in the United States, the United Kingdom, Mexico, much of Canada, and the Caribbean.
Michigan lottery players also have the option to bypass the store completely and buy Powerball lottery tickets online.
Players outside the USA can use a reputable butler service, which provides scanned copies of the purchased lottery tickets securely held on behalf of the customer. In the past, the lottery ticket service was used by people out side the USA to win big jackpots in Oregon and Florida.
The winning numbers for Saturday, March 23, 2019 were 24, 25, 52, 60, and 66, with Powerball number 5. The Power Play number was 3.
Even though nobody won the jackpot Saturday, 10 lucky players matched the first 5 numbers for a $1,000,000 prize: 2 from Florida, 1 from Illinois, 1 from New Hampshire, 2 from New York, 1 from North Carolina, 1 from North Dakota, 1 from South Carolina, and 1 from Wisconsin.
Two of the second-prize winners — one of the tickets purchased in Florida and the one sold in Wisconsin — purchased the Power Play option for an extra $1 per play, doubling their prize to $2 million.
When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, a second-prize win is doubled and any other non-jackpot prize is multplied by the Power Play number drawn that evening. A full chart of payout amounts can be found on the Powerball Drawing Detail page at USA Mega, as well as on the Powerball Prize Payouts page at Lottery Post.
Power Play is not available in California, because the fixed nature of the prize increase offered in Power Play is not compatible with California's pari-mutuel payouts. By law, California awards all prizes on a pari-mutuel basis, meaning the prizes will change each drawing based on the number of tickets sold and the number of tickets that won at each prize level.
Also in the Saturday drawing, 101 tickets matched four white numbers plus the Powerball and won $50,000. Of those tickets, 13 were purchased with the Power Play option, increasing the prize to $150,000, and 12 of the tickets were sold in California, where the prize was worth $20,111 this drawing.
Following the Saturday drawing, the Powerball annuity jackpot estimate was raised a whopping $111.2 million from its previous amount of $638.8 million and the cash value was raised by $76.5 million from its previous amount of $389 million.
The next Powerball drawing will take place Wednesday night at 10:59 pm Eastern Time.
Powerball is played in 44 states, plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are Wednesdays and Saturdays at 10:59 p.m. Eastern Time. Tickets cost $2 each.
Powerball lottery results are published within minutes of the drawing at USA Mega (www.usamega.com). The USA Mega Web site provides lottery players in-depth information about the United States's two biggest multi-state lottery games, Mega Millions and Powerball.
Top 25 United States lottery jackpots of all time
Wednesday's Powerball jackpot currently stands as the 4th-largest lottery jackpot of all time in the United States, and the 3rd-largest Powerball jackpot ever. Brisk sales will almost certainly push the jackpot estimate higher by draw time.
- Powerball: $1.5864 billion, Jan. 13, 2016 - California, Florida, Tennessee
- Mega Millions: $1.537 billion, Oct. 23, 2018 - South Carolina
- Powerball: $758.7 million, Aug. 23, 2017 - Massachusetts
- Powerball: $750 million, Mar. 27, 2019 - Preliminary estimate, not won yet
- Powerball: $687.8 million, Oct. 27, 2018 - Iowa, New York
- Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
- Mega Millions: $636 million, Dec. 17, 2013 - California, Georgia
- Powerball: $590.5 million, May 18, 2013 - Florida
- Powerball: $587.5 million, Nov. 28, 2012 - Arizona, Missouri
- Powerball: $564.1 million, Feb. 11, 2015 - North Carolina, Puerto Rico, Texas
- Powerball: $559.7 million, Jan. 6, 2018 - New Hampshire
- Mega Millions: $543 million, Jul. 24, 2018 - California
- Mega Millions: $536 million, Jul. 8, 2016 - Indiana
- Mega Millions: $533 million, Mar. 30, 2018 - New Jersey
- Powerball: $487 million, Jul. 30, 2016 - New Hampshire
- Powerball: $456.7 million, Mar. 17, 2018 - Pennsylvania
- Mega Millions: $451 million, Jan. 5, 2018 - Florida
- Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
- Powerball: $447.8 million, Jun. 10, 2017 - California
- Powerball: $435.3 million, Feb. 22, 2017 - Indiana
- Powerball: $429.6 million, May 7, 2016 - New Jersey
- Powerball: $425.3 million, Feb. 19, 2014 - California
- Mega Millions: $425 million, Jan. 1, 2019 - New York
- Powerball: $420.9 million, Nov. 26, 2016 - Tennessee
- Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
The number of jackpots in the top 25, by lottery game, are:
- Powerball: 16
- Mega Millions: 9
Top 25 cash value jackpots
Since many lottery winners collect their winnings in cash, the lump-sum payout is an important measure of what a winning ticket could be worth.
Looking at the cash value, the upcoming Powerball jackpot ranks as the 5th-largest cash value in U.S. history.
- Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
- Mega Millions: $877.8 million cash, Oct. 23, 2018 ($1.537 billion annuity) - South Carolina
- Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) - Massachusetts
- Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
- Powerball: $465.5 million cash, Mar. 27, 2019 ($750 million annuity) - Preliminary estimate, not won yet
- Powerball: $396.2 million cash, Oct. 27, 2018 ($687.8 million annuity) - Iowa, New York
- Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
- Powerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
- Mega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) - Indiana
- Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
- Powerball: $352 million cash, Jan. 6, 2018 ($559.7 million annuity) - New Hampshire
- Mega Millions: $347.6 million cash, Dec. 17, 2013 ($636 million annuity) - California, Georgia
- Powerball: $336.8 million cash, Jul. 30, 2016 ($487 million annuity) - New Hampshire
- Mega Millions: $324 million cash, Mar. 30, 2018 ($533 million annuity) - New Jersey
- Mega Millions: $320.5 million cash, Jul. 24, 2018 ($543 million annuity) - California
- Powerball: $284 million cash, May 7, 2016 ($429.6 million annuity) - New Jersey
- Mega Millions: $281.9 million cash, Jan. 5, 2018 ($451 million annuity) - Florida
- Powerball: $279.1 million cash, Jun. 10, 2017 ($447.8 million annuity) - California
- Powerball: $273.9 million cash, Mar. 17, 2018 ($456.7 million annuity) - Pennsylvania
- Powerball: $263.5 million cash, Feb. 22, 2017 ($435.3 million annuity) - Indiana
- Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
- Powerball: $254.7 million cash, Nov. 26, 2016 ($420.9 million annuity) - Tennessee
- Mega Millions: $254.6 million cash, Jan. 1, 2019 ($425 million annuity) - New York
- Mega Millions: $246.5 million cash, Aug. 11, 2017 ($393 million annuity) - Illinois
- Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
The number of jackpot cash values in the top 25, by lottery game, are:
- Powerball: 15
- Mega Millions: 10
The Winner(s) will get plenty of attention from the News Media!
I want to see a record breaker.
Thanks for posting the standings, Todd & staff. Always enjoy this almost as much as your feel good stories.
Now is a good time to hit this! Well...anytime is a good time to win, but this is BIG!
I want to win so I can call out RICH!
Me: Hello boss...... I won't be in today....or any other day after today. I'm RICH.
Boss: Did you say you"re sick?
Me: No! Not sick....RICH!
I promptly reinvested my $7 win this morning!
Here we go again!
I had the ball number and the last number (3) times for $12 win! Reinvest. I had a feeling that no one was going to win because I researched the last couple wins and 24 was the ball number, 5 was the lead white ball, and the 2nd number 25, now became the ball number!
And 52 was the 4th number! So, 4 of the $298 million last were drawn in the number last night. I just noticed this pattern, thatz all!
I do small pyramids and I do a large one with the past draw. the extra ball instead of a middle 3 digit and I noticed the 25/52. I also notice the 5 in the 3 small draws.
It's going to be interesting.
which balls will drop nobody knows ....... best of luck to us all 🍻
A million dollars would be great. After all, the winner(s) get like what, 1/4 of winnings. Good luck to all.
Hopping back into the powerball jackpot pool. Hope to swim to the winner numbers.
I have literally no clue what you're trying to say
Me either, just trying to work out a pattern and strategy! LOL
Oo, almost worth playing.
Me Too, I would like to see it roll, 2 more times winner on Wednesday April 3, 1.8 Million Plus, Roll Baby Roll, Headed Up Move them out, Let It Roll....
my numbers 23-25-53-62-66/5.
Better luck next time.
SOUTH DAKOTA
Per the CA lottery site, if someone had hit 5+0 last night, they would've won $4,427,373. Oh the things I could've done with that...
Instead I got 2+PB and will be re-investing my $8. C'mon lady luck, gimme a chance to prove I wouldn't be a boneheaded winner.
Yep based on enormous odds of 1:292 million at a $2 price point, not worth playing till jackpot hits one billion.
Hopefully it will be someone in an anonymous state.
I was thinking Great Lake State, say.... Michigan.
I WANT THIS!!
Yeah! I want there to be a Billion Dollar Winner in the Wolverine State!
I Concur!
$$$$$$$
Or its very close neighbor Indiana! I am busy looking at lake houses for sale in SW Michigan!!
Just be thankful you did not win 2nd prize LP members. Why is that you ask? Cause conventional wisdom has shown that a 2nd prize winner of MM / PB has never gone on to win the big one. So cheer up, there is hope for us yet. Look on the bright side, 2nd prize is * cough, cough- for losers! 😎
Kinda Sorta
Pennsylvania is a "Great Lake State"!
Yeah, l was eyeballing that too. That amount right there was tempting enough to book a flight.
Naaoooooooooooo.... You got it all wrong.... a Volunteer state.
As I am Volunteering to win. Besides it would put TN in 2 of the top 5 Cash/Annuity jackpots of all time
I’m good with that. I can do either Ohio or Michigan this time.😉
Good luck!
According to the Todd List there were 7 top 25 Jackpots from Jan 2018 to Jan 2019 so the top 25 are getting to be a dime a dozen!
In Michigan the After tax Jackpot Matches the odds on this roll at about $800,000,000 annuity or $1.6 Billion annuity if you factor in the $2 ticket price.
I haven't won in such long time, maybe on this next Powerball game. Good luck Lottery Post members on the next Powerball game.
...Redwood City huh? Have friends in Redwood Shores.Heard Jerry Rice lived in that area at one time.
5+0 looking real juicy right now.
California Power Ball jackpot winners should remember that we are granted one year to claim.
Use this time to gather your team. Place the ticket in a home safe or bank safe box.
As Yoda would say " Plan you should, ahead you must." My team is already in place music, all l need is the winning ticket to complete my journey.👌
I had the power number -- #5. But living in Calif, all I won was a lousy $3 bucks.
Sully,
I'm hoping the just maybe if the largest jackpots got to winners in anonymous states the other states just might catch on.
My team was in place but the lead hand retired.
GLC, music...(Gotta love CALI) i miss it, go back to visit soon i hope. A year is how it should be all over though.
Interesting times ahead...
Or perhaps somewhere in the Desert Southwest...
I've the Powerball number and won $12.00 .
I will invest this number for Wednesday Drawing .
I am 100% ready to win the Powerball sum of $750 Million .
Long story ( Short ) the money will come in good use !!!
I just remembered reading where our State might soon be Anonymous ,
I pray it will be sooner than later.
Just that alone will be Awesome for this state.
I was in the process of reaching out for a few Brussels sprouts, when l realised that you had been influenced by gull.
In all fairness,the current PB should be won by a LP member from the West Coast. Why you ask? Well, just look..
March 19th: 2nd place MM winner, Missouri.
PB - March 20th- 2nd place winners: Florida, Kentucky,NJ, S. Carolina.
MM March 22nd- 2nd place winners: Michigan, NJ.
PB March 23rd- 2nd place winners: Florida, Illinois, New Hampshire,New York, N & S Carolina,Wisconsin, North Dakota.
Do you fine folks see CA anywhere in the list of recent winners? I don't. A winner from Washington, Oregon or California will do just fine. Balance things out a little, don't you think?
I love these posts as it means that hope floats again! I still purchase my 1MM/1PB ticket per drawing regardless of the jackpot. It would be lovely to see this j/p spill over 2B$ with 10 or so winners. but it does appear to be nearing the tipping point. So... Wednesday would be a grand day to add to my millions! :)
NG, while your theory is considerate of the far left, one needs to remember that it should work it's way there and not jump over all the other states along the way. Perhaps having a winner in saaaaay..... Tennessee, should be the next logical choice
The current jackpot stands at $750 mil and 60 hours to go until drawing.
I feel that by Wednesday the jackpot will be increased to somewhere over $800 mil.
If there's no Jackpot winner on Wednesday, it will be over $1 BILLION for Saturday.
well 🍻 to a most curious Wednesday night for someone in VA
If Arizona . . may be prudent to monitor the progression of HB2552.
"Drawing prizes must be claimed within 180 days of the drawing."
I hear you CDanaT- which is why l posted “ In all fairness,this PB Should be won”.. if you think Tennessee is next in line then there you have it! Btw- Kentucky did bag 2nd prize lately, & since Tennessee is pretty much next door, they should forego their turn. The West Coast States have had a dry run for far too long. CA especially, needs to harvest.🤑
Does anyone know how much Jason Kurland charges?
Only way to find out is to send him an email TMM.
$750 million could expand our acreage REAL fast!! Don't judge. Hay can get expensive. To tune of $120/ round bale during drought. Seen it happen.
Jason Kurland is unlikely to give out his hourly rate unless you hire him. Law firms do not normally advertise hourly rates. I understand he is a partner so I would guess 500-800 per hour. I watched one of his videos and you do not have to pay up front. I would guess a minimum of 20 hours of work if he has to claim it.
"And when it comes to legal fees, there's usually no upfront retainer or fixed fee for lottery winners.
"We get paid when they get paid," Kurland said. "We sit down with the winner and go through all the things we could do for them, and it depends on what they want."
Some winners simply want Kurland's help getting through a press conference, while others want him involved "in every aspect of their lives for years and years." . . source
I suppose I can wait until Thursday to do that!
I saw that on their website. Thanks.
Yes you can. While you have his ear, don’t forget to pass that information on to the rest of us big guy. I wonder if Jason ventures out as far as the West Coast, business wise or does he sleep in his own bed every night? Ask him that as well TMM. l could use JK out here.
OK N-G. I'll ask him for you.
How noble of you to respond to my post, l guess you beginning to like me. As reciprocating value, I found your information on “ No firm is going to tolerate a rogue attorney ruining the law firm’s name “ hilarious & extremely valuable. Don’t tell anyone l said so.🤫
I am always amused, as many other lp members are, how some people try to pass themselves off as experts on every topic but they appear to be unemployed. Some even whine about no one asking them about "their profession." The reasons are obvious. They seem to be unusually insecure over the lp members who bring viable and helpful real world info to the table.
Who needs balance? NH has had 2 top 15 PB jackpot winners the past 3 years, not to
mention this is Patriot and Red Sox country so we’re used to the big wins.
The lotteries should win a "Hype in Advertising" award......
It's gone now but yesterday there was an article that said when all is said and done and since most winners opt for cash a solo winner, after state and Federal taxes would get about $211M.
$750M still sound like $750M?
I actually called that law firm and was told to call them back AFTER I win a jackpot. And then I thought about contacting one of OJ's defense team until I found out Cochran and Kardashian are no longer practicing law and F. Lee Bailey was disbarred.
The thing I can't understand is why so many people are trying to make collecting winnings so complicated when the chances of winning are slim and none and Slim is leaving town.
I guess you can't find it because it's wrong.
Even in the worst-case situation, where a winner did no tax planning at all and foolishly paid the entire 37% federal + let's say the massive 8% that my home state of New Jersey taxes, that's still more than $255 million.
$255 million after taxes is just chump change, right? 😕 No reason to play.
Todd,
Well no, it's not chump change but it's also certainly not $750M either.
Most everybody here at KP knows that but I was thinking about news reporters that will ask players, "What would you do with $750M", implying that's what theyd get and I'm sure that's what a lot of players are thinking.
But if someone asks you your yearly salary, assuming you can disclose the info, don't you give the gross amount?
Last Friday night I won $800 playing Bingo at my local church. I've decided to spend $100 on Wednesday's Powerball. If there's no winner then, Saturday I'll spend another $100. $800M is a good prediction for Wednesday's draw. Cha-ching......grin.....
Understood, but I agree with Artist here. People generally don't go around quoting technical facts about money and taxes. Everyone knows you have to pay tax, it is totally unnecessary to add that asterisk to everything you say.
Plus, there is a perfectly good case for accepting the annuity (the full $750 million), because unlike what pundants typically insist, the annuity is actually a pretty good investment, if you don't want to worry about doing the legwork and management yourself. With a $750 million jackpot, we are talking about a starting point of $11 million per year after taxes, working up to $46 million per year after taxes in the 29th year. And that is a risk-free investment, unlike many of the investments that people would privately make with a lump-sum cash payout. So asking what you'd do with $750 million is totally legitimate.
If you think it is hyped you should put the blame where it belongs, squarely on the shoulders of the mainstream media, and not the lotteries. As you said reporters are asking the question and not really mentioning the cash value because $750 million sounds a lot sexier than $465 million and change.
The average person might go to their state lottery website or the Powerball website for jackpot information and it very clearly says both the cash value as well as the annuity value on most of those sites.
The lowest amount I stand to win if I were the sole winner is $263 million after taxes with the cash value—depending on what state I win in. I won’t feel cheated or lied to at all!
Wow, congratulations on the win! I love your smart investment strategy!
Good luck!
I’m pretty sure those members are screaming at their screen right now “Shut up, woman, and make me a sandwich!”😉🥪
I read an article saying that one of the biggest misconceptions Jason Kurland battles is that he asks a percentage of the win. He said in reality he charges a flat rate. Do you think that means a flat hourly rate or you and he come up with some sort of mutually agreeable number and that is what you pay no matter how much hand holding he has to do?
I also saw him say that lottery winners are super paranoid at first and most will not tell him their name or how much they won at the initial point of contact. I laughed because yes, I could totally seeing myself calling and saying I was Lotto Lucy at first.😆
I have seen people post in lp and assume the attorney takes a percentage of winnings. I think that is due to the personal injury attorneys who take a percentage of a settlement/often a third and people see these commercials on tv.
For an hourly rate, he will provide you an estimate in writing on the number of hours to draft the trust docs, meet with you, claim it, etc. You could certainly say that no more than 30 hours max unless I approve it and I need to approve every increase of 10 hours, etc. That happens all the time with clients.
If you want to include some additional hours you can do that or he could bill you after the fact if you just need to talk to him a couple of times a year. The client is in control of the billing on some level. But if it normally takes 5 hours to finalize a trust document based on his experience, you cannot say do it in 2 since that is not realistic. But remember even 99.9% of quick phone calls will result in a bill. I would ask how he bills travel time, press calls, etc.
The rate should be is normal hourly billing rate. Based on this guy's expertise, I would pay him whatever his normal rate is. Normally something like that is not negotiable and he is a partner. And he is probably well versed in lottery lingo and how to talk to lottery officials so he is worth whatever he charges.
I would make up a name at first also but that is good to hear that winners are cautious.
Lol No kidding. But my paycheck makes it so worthwhile. Lol
I want a sammich, lol...Good luck Artist.
I hope a veggie burger is ok Sully! Good luck!!!
sure is.thanks.
PS. Since he may not be licensed in most states, it is possible he has an attorney contact in most states to draft documents., etc. I am not certain how he acts as counsel in other states. An attorney who is not licensed in a state can file a court request to waive in on a limited matter so maybe this is what he does but he would likely have to say he is supervised by x named attorney licensed in that state. I would certainly ask about this info.
Artist,
When I worked in Vegas and people came in looking for jobs and asked how the money was every dealer in the place was trained to say, "What are you, a cop? IRS?"
It was just the Vegas way.
I got a feeling some ones going to win it ALL. before they let it roll to No.1 js Hope it' ME LOL.
Some years ago the San Francisco 49ers had their training camp here in Redwood City and then moved to Santa Clara, just a few miles south.
Back in the day all jackpots were annuities so a $25 million jackpot was $25 million regardless how long it took to get all the money. Even after lotteries started offering "cash values" as a choice, jackpots were still advertised as the annuity value and the rule of thumb was the prize after taxes was close to 1/3 of that value. Nothing has changed except for maybe the perception of some players.
The Ohio Lottery play slips had "cash" or "payments" boxes on their play slips and I believe there are a couple states that still make players choose which option when they purchase their tickets.
I would be happy with $2 million since I powerplayed my two tickets.-weshar75
If I were the sole winner of the 750M+ j/p? I would take it as an annuity.
Probably would take some getting use to - having to budget with only an 11M+$ gross check year 1... but I think I could learn to tough it out... specially since the check would grow by 5%/yr - that should take the sting out of it for me...
... 11M+$... worst case 6M+ after all taxes and fees
... just over 500k/month
... 16k+/day
... I might just be able to squeak by
Even USAMEGA does the 24% automatic deduction. I am just doing the math for the 13% and the State taxes that are due. I believe it gives a realistic view of how much you have really won.
Thirty years is a long time. For us elderly players we can count on changes. Higher taxes. Sickness and death. I hope to find experienced and honest help with my winnings.
I do not like it when winners quote the Annuity or the Lump Sum and thinking that there are no more taxes due.
The winners who take the Annuity will still have money when they reach that last check. We all know how Cash Lump Sum winners have lost all of their winnings.
In the past the losers have not paid for advice and not taken the advice when they do pay for it.
It is almost the witching hour and could we see a winner this draw?
just remember not to fall vitim to selling your payments for quick cash,
when you blow your original budget jejejejeje
One Attorney who does Blind trusts in Massachusetts for lottery winners charges a flat rate. Not going to mention his name, but he is frequently in the mandatory lottery pictures there. Somewhere had an article about him and that's how I know he only charges a very reasonable amount for an Attorney.
Thirty years is a long time. For us elderly players we can count on changes. Higher taxes. Sickness and death. I hope to find experienced and honest help with my winnings.
I agree with you music*
I have always said.... Under 40, take the annuity. Over 40, take the cash.
You are a much more patient than I would be maximumfun... Letting the state where you purchased your ticket dictate what your payment would be over 29 more years and taking a chance on what the federal tax rate maybe in 10/15/20/25 years. Especially if it is controlled by 1 of the political groups who just love increasing taxes. As we all know, money doubles based on rule 72. So,take the $465.5 with 37% taxes right now or gamble on taxes going lower/higher in 2030 or 2040 ?? Don't Forget about the state taxes(if you live in a state that has those) possibly increasing as well. I am pretty confident even if you moved to another state that doesn't have state income taxes, you would still be paying those state taxes over your next 29 payments. While you will have plenty of money, just remember, over half of your money that you are due($750 Million) will come in the last 10 payments.
https://www.txlottery.org/export/sites/lottery/Documents/jackpotestimates/pb20190323.pdf
Guess age and the ability to control ones spending habits might be a strong consideration for the annuity vs Cash scenario. Either way,good luck on the next draw.
Can you remain anonymous in the state of MI?
A very good question to ask now and before claiming your prize.
There have been winners who did not know their rights and went public.
We will know soon who has won. Will it be you?
LottoLucy,
At the place where I usually play there is a sign now from the Illinois lottery by the play slips that says
PB IS NOW $750 Million, WHAT WOULD YOU DO WITH ALL THAT TIME.
So to an unaware player (the real target audience for the hype) that would certainly imply a $750M win, no? And it's by the lottery, not the media, so it's not just the media.
I would like to see a media person though at one of the lottery outlets ask a few players
What is the jackpot? And how much would you really get?
Sure, the annuity pays more in the long run - as long as someone like Comrade Bernie Sanders never gets elected!
But it is a $750M win. You have the option to walk away with $750M over a period of 29 years. No gimmick that's the rules.
I use powerplay too, but it's a catch-22 because it applies just to the secondary prizes. For a $3 bet we can get better odds playing other games. IMO, MM's "jackpot only" option is making a bad bet worse.
Good Luck!
Wow! I know zero about Vegas. You seriously need to write that book.
Did dealers ever cut anyone off from playing after huge losses?
When I had a trust created a while back for some assets, I was charged a flat rate/fixed fee total. But a flat rate does not mean a few hundred dollars . I think mine was $2000 or $2500 but there was no ongoing future work once it was completed. A lottery attorney is likely going to be doing other work for you for a while after the jp is claimed.
Perhaps it totally depends on what you use your attorney for. Maybe you pick someone(s) just during the claiming stage and to place the money somewhere and go with another agency when its time to actually invest or move the money around (give to family/donate to charity etc) that way your new firm has no idea where the money came from they just know that your someone who has a bunch of cash. The reason why I specifically might try this route is because the latter firm would be there helping you maybe the rest of your life and you don't want the word spread that you made your millions getting lucky in the lottery because believe me the word will get out so better it "get out" with that first firm who you use for maybe 1-6 months.
Attorneys sign confidentiality agreements for clients unless the matter is public record like litigation. It is not unusual for clients to come in for private matters and that info is never released or you would likely lose you license. All the staff working on such private matters, from paralegals to admin. people, to attorneys, sign confidentiality/non disclosure agreements. Firms take this seriously but that is why you go to a name firm for assistance. An attorney can only disclose client info ethically, without being disbarred, for the most part, if the client is about to commit a crime, etc. I work in DC and have never heard of a name firm violating client confidentiality. You can only do so pursuant to a judicial order, investigation, etc. as well.
I understand what you mean 100% but here's what would happen. Attorneys have pillow talk with significant other----> significant other gossips to friends-----> word gets out. In this scenario that confidentiality agreement is as useful as 1 plywood toilet paper during a bad taco Tuesday. If this was a perfect world then yeah that agreement would stand but.........
That is really not how it works in real life. That sounds like a TV movie.
Took the words right out of my mouth.
But just for you I'll gladly give you a reality check.......look no farther than the whole stormy daniels-----> attoreny-------> president fiasco. Confidentiality agreement was broken. In the end it doesn't matter. Your perfect world sounds nice where people actually abide by all the rules but things just don't work like that. Which is why people go to court for things like this all the time.
That was a case settlement and I noted that there are exceptions if there is an investigation. And you think her attorney is connected with a reputable firm?? All settlement agreements allow a matter to be reopened in certain situations. You are comparing apples to oranges. I am in that field, you know??? So I am well versed in reality. I don't think you are understanding. Once your ticket is verified a winner, it is over. Any later suit whining about the payout would be filed against the lottery and you are not a party at that point.
And the state bar associations handle breach of confidentiality matters. I can tell you that you would be kind of a red flag potential client to some firms....meaning they would pass on representation.
The IRS actually did send agents in making believe they were looking for jobs.......
There was one case where the IRS greatly overestimated what tokes (tips) were in one casino, it went to court and when asked how they came up with that figure the IRS agents said, "We saw a lot of green chips ($25 ones) in some tip boxes.
No, dealers don't cut off players but bosses might.........I caught the tail end of the old days and the bosses knew all the roulette cheats.........they'd tell them they were welcome to play anything but the 'wheel'.
////////////////////////////////////////////////////
MsBee18
Most jackpot winners opt for cash.
A lot depends on age, for one and other factors.
Nice Dream, I'm in! It Could be Wednesday night? Good Luck to all players!
How can they tell if you are counting cards? I think I could do that easily.
Card counters usually give themselves away by playing the table minimum for a while and then hitting the table max when the cards are in their favor,
Watch the movie "21" if you ever get the chance.
Has the estimated jackpot raised at all?
No. it's still at $750 mil (Cash Value: $465.5 Million)
PowerBall.com
Good enough for me.
It's 11:18 A.M. in NY. A little less than 12 hours to go until the Power Ball numbers are drawn and it's still $750 mil
No bump yet!
Should we anticipate a bump or hold what we got??
It's done by ..............Billable hours
Please let us know what Jason Kurland says , it would be interesting to what he says !!!
Thank you !!!
👽makes little difference at this point in time
but heres hoping🤞
Mr Burns sings the blues - the simpsons sing the blues
They may wait until absolute last minute for bump but $750 million is still nice sum.
What about the $4 play when it is this high?
The same 5 white balls with 2 different Power Balls?
You still get the $2 Million if you miss the Power Ball but you also get 2 Chances at the JP and 2 Chances at 3rd prize!
If it rolls tonight, it jumps to $900 mil and if it rolls on Sat it jumps to $1,111,304,049.
So, you people who are obsessed with hitting a billion got it.
How do you know this?
Same answer I gave you the last time you asked this question: It is in hidden text on the TX lottery site.
According to the estimated jackpot worksheet at the Texas Lottery website the actual annuity jackpot is
$766,716,650 but it doesn’t look like the cash value has increased.
https://www.txlottery.org/export/sites/lottery/Documents/jackpotestimates/pb20190327.pdf
I could enjoy seeing another rollover or 2... After all, its been over 5 months since the last Billion dollar jackpot
We shall see in a few hours. Good luck to all!!!
According to the Texas Lottery, if it rolls tonight they're going to sell $276,312,299 worth of tickets for Saturday's drawing. If one of the people who only pay $1 for a ticket win will they get the whole jackpot or just half of it?
Are tickets not $2 everywhere?
Powerplay makes a ticket $3.
Welp, count me in for one and a half tickets - my friend and I split a ticket. I made sure to send her a picture when I bought it because I've read the lawsuit stories on here enough times.
Those nonsequential numbers usually hit! Betting there’s a winner and no rollover!
Two people from California hit the second prize, both from No Cal.
Did they say how much the pot was? I guessed it had to be over $5 million.
It says that the values are pending and will only be announced after the national result is final. Last drawing it was at around 4.5 million. I did not match a single number... so I hope it rolls.
$768mil
Neither did I. I dont expect to win "the big one" but it has gotten increasingly harder to win even a buck or two.