Why is the cash option always a different percentage of the annuity from draw to draw?
If you’re calculating what percentage the cash value is of the annuity, then you’re looking at it backwards. The cash value is the starting point, as it is a direct percentage of ticket sales. Then the annuity amount is calculated from that, based on prevailing interest rates. Since the interest rates are constantly changing, the annuity amount calculated on one day will be a different number than if it is calculated the next day. So when a drawing occurs and the lottery has to estimate the next annuity jackpot, they first estimate the number of tickets that will be sold for the next drawing, which determines what the cash value estimate is (because a fixed percentage of each ticket sold goes toward prizes). Then they finally calculate what the annuity will be based on the current interest rates.
The Advantages of Buying Mega Millions Tickets Online
Not only is it convenient to buy Mega Millions tickets online, but it also brings some amazing advantages. theLotter offers some attractive game formats that can increase your odds of winning the lottery.
- Syndicates – Buy a share in a Mega Millions syndicate and you’ll be in the game with a large number of ticket without making a huge investment. How? The tickets belong to the entire group and every member purchases shares. Then, the winnings generated by the tickets are shared between the syndicate members according to the shares they have purchased. It’s an instant boost to your chances of winning the Mega Millions!
- Bundles – with theLotter, you don’t even have to decide between an individual Mega Millions ticket and a share in a syndicate. You can get them both at a special price with the Bundle package! Expand your game online to win more!
- Systematic Forms – you can buy US Mega Millions tickets with every possible combination of 6-11 of your lucky numbers. This way, if even some of your numbers come up, you will have them on a lot of tickets and win more! It’s like having your very own multiplier and you can get it on theLotter!
- Multi-Draws and Subscriptions – if you are a Mega Millions regular, theLotter can buy your tickets for you, even for the upcoming draws. Try the Multi-Draw pack to get into the next draws and it will get you a discount. Or you can set up a subscription and get every 10th Mega Millions ticket free of charge.