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Old 11-13-10, 02:05 PM   #1
Gargamel
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Quote:
Originally Posted by jumpy View Post
wait.. what?
$128.6million is £69.6million, where did the rest of it go?
They're both in $.

When you pick the single lump sum payout, the prize is reduced. $128mil is based on 28 annual payments. The lotto commission makes a bigger profit that way since they are recieving interest from various investments that allow them to make the larger annual payments. If you take the lump sum, they can't invest that weeks proceeds, so they have to offer less.
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Old 11-13-10, 04:28 PM   #2
jumpy
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typo

That's a bit tight. Bet that's not in the adverts!
I wonder if our national lottery thing does the same?
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