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The McDonald's Monopoly game is a sales promotion run by fast food restaurant chain McDonald's, with a theme based on the Hasbro board game Monopoly. The game first ran in the U.S. in 1987 and has since been used worldwide. The promotion has used other names, such as Monopoly: Pick Your Prize! (2001), Monopoly Best Chance Game (2003–2005 ...
McMillions (stylized as McMillion$) is a documentary miniseries about the McDonald's Monopoly promotion scam that occurred between 1989 and 2001. Directed by James Lee Hernandez and Brian Lazarte, the series details how the scam was perpetrated by Jerry Jacobson, [1] the head of security for the agency that ran the promotion, and how he recruited a wide range of accomplices.
The advertised annuity jackpot represents a 30-payment graduated annuity stream, with the graduated payments beginning at 1.51% of the jackpot amount and rise exponentially such that the final payout is 6.20% (more than quadruple that of the first payment) of the advertised jackpot amount.
The payouts for immediate annuities depend on whether you choose a life annuity or a term-certain annuity. It also depends on the age and gender of the annuitant, or the person who receives the money.
Here’s how much income a $300,000 fixed annuity might pay per month: $3,517 if you choose single life only, which allows you to receive income for life but does not offer a death benefit to your ...
The winners chose the cash payout of $164.4 million (before withholdings), smaller than a previous winners cash payout in 2002 due to a then-recent change in the annuity structure. A jackpot of $365 million ($552 million today) was won on February 18, 2006, by one ticket in Nebraska.
Therefore, the future value of your annuity due with $1,000 annual payments at a 5 percent interest rate for five years would be about $5,801.91.
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