if PB/ MM changed its policy from CASH to ANNUITY going forward- would that sit well with you?

Reply #7

noise-gate — Wed, 17 Apr 2013 16:52:54 GMT

Stack- its just a question. l am merely picking peoples brains to see whether they would go along with that idea should it arise. Your response in part seems to suggest that l am either for this or l work for the lottery. Neither is true. Its a question forum, don't lose sight of that fact bud.

Reply #6

helpmewin — Wed, 17 Apr 2013 16:25:26 GMT

if PB/ MM changed its policy from CASH to ANNUITY going forward- would that sit well with you?

that's Fine with me/whatever they want to do.

Reply #5

Stack47 — Wed, 17 Apr 2013 16:22:06 GMT

There was a time when almost all the lotto jackpots were paid in yearly installments. Taking the cash value was an added option and in some states that decision had to be made when the ticket was purchased. As more jackpot winners opted for the cash, it relieved the long term investment burden of the lotteries. Today to be able to advertise the huge jackpots, the installments were extended from 20 years to 26 and 30 years. That's about 2/3 of an average lifetime and gives the lotteries the autho... [ More ]

Reply #4

rdgrnr — Wed, 17 Apr 2013 02:07:24 GMT

Please don't give The Dragon Lady any ideas.

Reply #3

Coin Toss — Tue, 16 Apr 2013 23:56:38 GMT

If PB/MM only offered annuities there would be a lot more jakcpot winners selling their 'structured settlements' 'to companies tht buy them...for a lot less.

Reply #2

redhot7 — Tue, 16 Apr 2013 23:41:34 GMT

I would still play multimillion dollars jackpot but I wouldn't play any game that offers less than $50,000 per year annuity.

Reply #1

billionaire2bee — Tue, 16 Apr 2013 22:03:25 GMT

I wouldnt care one way or the other long as they could guarantee I'd get all my money....but they couldnt so I think it would be taking away the choice and that's just unamerican right there

if PB/ MM changed its policy from CASH to ANNUITY going forward- would that sit well with you?

noise-gate — Tue, 16 Apr 2013 21:11:51 GMT

Perhaps they say We have read too many horror stories of winners losing it all, so we have emplemented a fail- safe measure to ensure that this will not happen under our watch from this point on, in the best interest of the lottery the winner- we feel that this action will be viewed in a positive light once the initial curve has been passed-Yours Faithfully

The State Lottery.

Would you buy into it