Mega Millions $241mil Cash or Annuity

Reply #14

iGlenn — Wed, 21 Mar 2012 02:32:18 GMT

With cash you make your own decisions on how you invest the winnings.

With the annuity the government makes that decision for you.

With that said, I'll take the cash.

Reply #13

lele100 — Wed, 21 Mar 2012 00:04:30 GMT

Cash is King!

lele100

Good Luck

Reply #12

Masone — Tue, 20 Mar 2012 23:18:39 GMT

I would take the cash option. Make all the big money purchases in the beginning. Buy a mansion, give some to my family, buy a few cars, put about 15 million aside for business venturing, and then put the rest in the bank and live off the interest.

Reply #11

CajunWin4 — Tue, 20 Mar 2012 21:06:06 GMT

Cash Only !!! The Annuity is to much of a gamble ...

Reply #10

maximumfun — Tue, 20 Mar 2012 20:53:01 GMT

Cash - I will take my win in cash thank you

Reply #9

tntea — Tue, 20 Mar 2012 20:51:47 GMT

When I played my numbers yesterday, I allowed my nine year old grandson to pick some numbers on a play slip. He was suppose to use one box, but he filled in the whole ticket. I went ahead and paid $5 for his ticket. I showed it to him and he asked if he won.... lol I told him the drawing was on Tuesday and we would have to wait and see. He said, Ok Then he asked how much could he win.. I told him $240 Million.. His reply, Do I have to share it? I laughed and told him we would discuss that when h... [ More ]

Reply #8

mediabrat — Tue, 20 Mar 2012 00:43:12 GMT

Who's to say you can't take the annuity and invest what's left over after each year? Not everyone intends to blow out tens of millions of dollars at once and would need the cash option.

And please don't throw the taxes argument at me; not everyone agrees with it and not everyone even cares.

Reply #7

weshar75 — Mon, 19 Mar 2012 21:54:17 GMT

I think I could live off the $85 million. Yes! That would be awesome!-weshar75

Reply #6

Stack47 — Mon, 19 Mar 2012 20:40:54 GMT

There are companies that offer to make cash settlements if players decide on the annuity but in five years need their cash now . None of them probably have the $180 million plus needed to buy a remaining 21 year annuity or would want to tie up that much money for that long; not with the current interests rates.

Right now most financial planners would suggest taking the cash and wait until things open up and then suggest a plan of investment that could easily exceed the 26 yearly annuity payme... [ More ]

Reply #5

joshuacloak — Mon, 19 Mar 2012 18:54:08 GMT

or u could take it all up front,put it all in a trust RJOh

and invest it in divindend paying stocks

think microsoft. etc,

and when u die, really screw with them by going

, u can't ever tocuh the stocks them self, this is for family empire down the road.

u can only get part of divindend payments in cash ever time, that is the % that's not auto reinvested into more stocks

aka u force them to be wealthy ,but can't touch it or destroy it, , they only get checks ever 4 times a year... [ More ]

Reply #4

RJOh — Mon, 19 Mar 2012 18:46:54 GMT

At my age I probably wouldn't be around to collect all 26 annuity payments but I would be happy collecting $7M+ annually the rest of my life and let the relatives fight over what's left when I'm gone. I wouldn't want to waste my time listening to a bunch of sleek and expensive investment consultants.

Reply #3

joshuacloak — Mon, 19 Mar 2012 18:12:02 GMT

current us debt is over 15 trillion

and their adding to debt by trillions ever year now

how do think their going to pay for this

i give u a hint,obama and all dems want 241m annuity to pay more then 35%, they waNT more!....

BOTH sides are big spenders, american is NOT giving up its spend happy ways with dems or reps, only ron pual was hope to change things,and hes not going to win with idiots in both majority of putting people in charge the blind leading the blind or in thi... [ More ]

Reply #2

dallascowboyfan — Sun, 18 Mar 2012 23:33:15 GMT

Cold hard cash baby........

Reply #1

CDanaT — Sun, 18 Mar 2012 20:04:26 GMT

Cash $$$$$$$$ rules !...The one with the most toys in the end wins

Mega Millions $241mil Cash or Annuity

truewinner76 — Sun, 18 Mar 2012 15:15:52 GMT

If you're the lucky winner of the $241mil Mega Millions jackpot on Tuesday which payout would you take? With the amount of cash that the Annuity would payout every year makes this kind of a tough decision for me.. which would you choose.