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United States
5 articles
- 💰Annuity vs. Lump Sum: The Real Math Behind U.S. Lottery PayoutsThe advertised Powerball or Mega Millions jackpot is not the cash on hand - it is the gross total of 30 graduated payments over 29 years. Here is why the cash factor moves with bond yields, how taxes interact with each option, and at what investment rate the lump sum actually wins.12 min
- 🟡History of Mega Millions: From The Big Game to Billion-Dollar JackpotsFrom its 1996 launch as The Big Game to the modern $5 format: the complete history of Mega Millions, including rebrands, rule changes, record jackpots, and current odds.12 min
- 🔴The $2.04 Billion Ticket: How Powerball Became the Largest Lottery Prize in HistoryOn 8 November 2022, a customer at Joe's Service Center in Altadena, California bought a Powerball ticket. Two days later, Edwin Castro claimed a jackpot of $2.04 billion — the largest single lottery prize ever paid anywhere in the world. Behind the headline figure sits a 30-year, multi-state, format-by-format engineering project designed to produce numbers like that on a regular schedule.14 min
- 💵Taxes on Lottery Winnings: How Much Does Uncle Sam Take in the USA?Winning the lottery is a dream, but taxes in the USA are a reality. Unlike many other countries, the IRS and states want their share. Here's what you need to know.10 min
- Major Lotteries in the United States: Complete GuideEverything you need to know about Powerball, Mega Millions, and other major US lotteries – rules, history, odds, and record jackpots explained.12 min