(As noted below, interest rates change, resulting in different ratios between the cash values and annuity values of jackpots.)
The ticket was worth $207 million (annuity value); the cash option was chosen by the ticket holders.
The drawtime estimate of the annuity value (before withholdings) was $232.1 million.
Currently, Mega Millions jackpots begin at $12 million (annuity value), and increases when there is no top prize winner.
Currently, Powerball jackpots begin at $40 million (annuity value), and increases every time there is no top prize winner.
The jackpot had an annuity value of $337 million.
The family won shortly after a rule change took effect which was created to generate larger annuity values.
If the rule was in effect for the December 2002 jackpot, the annuity value would have been $352.6 million.
The annuity value of the ticket is approximately $338,000,000.
The annuity value of the jackpot was over $211 million; the ticket was sold in Morris Plains.