Annuity or Cash Value

Reply #14

JackpotWanna — Fri, 15 May 2026 02:35:03 GMT

I voted for the cash please. When I was young I wanted the Annuity.

Reply #13

JustMaybe — Fri, 15 May 2026 01:41:00 GMT

That is a very reasonable explanation.

Another key consideration would be taxes and the ability to lock the current tax rate when you go with the cash option.

Politicians may not necessarily raise taxes for all, but there is a hight chance that 15 years from now the direction would be to tax those in higher income brackets more. The way the annuity is structured, you earn more in the later years, so that becomes a real risk.

Thank you for all your very valid points

Reply #12

CDanaT — Wed, 13 May 2026 18:53:53 GMT

With the Cash Value, I can make my planned, one time, non profit donations this year. I can also give to the family members/friends this year. One Time. No trickling finances out for years to come. No future considerations of what am I going to give this person this year to consider/adjust. Here is your millions now.(Don't be foolish)................ That's it !!..... This Bank has officially closed up shop... Have a great time and a wonderful life... next time you buy lunch/dinner... I will see... [ More ]

Reply #11

KY Floyd — Wed, 13 May 2026 02:55:22 GMT

What would be a reasonable cut off age where one says, heck no, am taking cash

I don't think that whether or not you expect to live long enough to collect all of the payments is a good reason for making the choice between cash and annuity. Being older, within reason, could argue in favor of the annuity. If you're under 50 or 60 there are probably a lot more reasons you might want to spend a disproportionate amount of the jackpot in the first few years. If you're 70 and the cash value is $10... [ More ]

Reply #10

JustMaybe — Wed, 13 May 2026 00:27:05 GMT

Most people reference age when they weigh the annuity or the cash value.

What would be a reasonable cut off age where one says, heck no, am taking cash all the way from here

Reply #9

rcbbuckeye — Wed, 13 May 2026 00:15:15 GMT

Cash for me too. Getting late in life for me.

Reply #8

Stat$talker — Tue, 12 May 2026 23:12:39 GMT

I fervently hope that the guy in Washington D.C . would issue an executive order making a mandatory interest rate of 0.00% for all lottery annuities and removing taxation for all lottery winnings, forever .

Haah, if anythang, he'll issue an Executive Order assigning All Yo interest to HIM

Reply #7

IAmABadOne — Tue, 12 May 2026 02:45:31 GMT

Certainly cash value for me because that is the only *real* number. And, I am not a spring chicken any more...

And, as always, I fervently hope that the guy in Washington D.C. would issue an executive order making a mandatory interest rate of 0.00% for all lottery annuities and removing taxation for all lottery winnings, forever.

That would end all of the foolishness about many people not understanding how the interest rates affect the advertised annuity value vs cash value jackpot amou... [ More ]

Reply #6

JustMaybe — Mon, 11 May 2026 01:21:30 GMT

Am always torn between Cash and Annuity.

But I think should I win, I would opt for the Cash Option.

At a moderate 7% annual return, and a modest draw down, the money would grow past the annuity by year 10 to 15.

It's true that a lot can change in 30 years, from tax laws to stability.

Reply #5

CDanaT — Sat, 09 May 2026 13:40:58 GMT

2 primary items are of concern for this participant when it comes to the choice of going with the C ash value vs Annuity .

1) Taxes

2) Age

I know that the 37% tax figure will be addressed this year just 1 time and no state income tax. There are no assurances that my state(TN) couldn't implement a 1 time tax similar to what CA WA states are proposing or start a state income tax. I have no idea what the Fed tax rate in 5, 10, 15, 20 or 25 years might possibly change to either. https... [ More ]

Reply #4

KY Floyd — Sat, 09 May 2026 05:56:17 GMT

just look at what happened with publishers clearing house.

Here's a fun fact. Publisher's Clearing House wasn't running a Ponzi scheme, but they were apparently paying for prizes won in the past with the money they were making when a prize payment was due. There was no prize money set aside in a separate fund, let alone with a 3rd party that was responsible for making the payments independently of PCH. If a state defaults on an annuity it's going to be because there was some major financial... [ More ]

Reply #3

Coin Toss — Fri, 08 May 2026 19:56:53 GMT

I forget who it is but a posters had a sig. You can always buy a better annuity . Also what winterbitd said about Publishers Clearing House.

Reply #2

Justing618 — Fri, 08 May 2026 19:33:18 GMT

Annuity over Here Do not have to worry about work for 30 years. Also have a developmentally delayed family member. I would set up a blind trust for. I don't need or want any access to 100s of .... or .......millions of dollars. There would be to many hands being held out. Wanting pieces of the pie. Ie .....bankers,lawyers,financial planners, and I'm sure plenty of moochers and con-artists to .....

Reply #1

winterbird — Fri, 08 May 2026 17:23:33 GMT

Id take the cash. For a nightmare annuity scenario, just look at what happened with publishers clearing house. They declared bankruptcy and stopped paying out to the winners who still had payments coming.

Annuity or Cash Value

CDanaT — Fri, 08 May 2026 15:49:37 GMT

Cash values of the MM PB jackpots are around 45% of the advertised Annuity. What would be your choice