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Mass. Cash Winfall.
I voted YES, if only because the retiring game is annuity-only.
May 27, 2004, 5:24 pm - CASH Only - Lottery Discussion Forum
Experts advise to take cash option
The cash option is much better for most people. The value of the annuity is based on the interest rate on long-term bonds, so if your financial advisors invest the cash properly in a diversified portfolio that includes stocks, you can earn much more. One of the few instances where the annuity option may be better is if the winner is stupid, undisciplined and refuses to follow good advice; such a person may blow his millions quickly while an annuity will limit his losses for each year.
May 23, 2004, 1:35 am - LottoBuddy - Lottery News
Dream to win the lottery
ryan:Probably those who chose (or automatically received) annuity.
May 22, 2004, 10:28 am - CASH Only - Lottery Discussion Forum
Maryland Seniors Win $175,000 Mega Millions Lottery Prize
No way they would have taken the annuity if they won the jackpot!!
May 20, 2004, 5:52 pm - CASH Only - Lottery News
Experts advise to take cash option
i'm still going to take the annuity.
May 20, 2004, 2:08 pm - DoctorEw220 - Lottery News
Experts advise to take cash option
Finance 101 for lottery winners: Take the cash, advisers say. Annuities could be a bad bet.Say you win $110 million in the Pennsylvania Powerball drawing, as Steve and Kristine White did on May 8. Is it best to take the money in a lump sum or in an annuity over time?Some experts think the answer is clear: Go for the big bucks. Now.That could explain why the Whites are electing to take a check instead of a guaranteed annual payment of about $7 million, and why the state's three previous Powerball
May 20, 2004, 7:19 am - Todd - Lottery News
Where can I find/calculate Cash Amount
I am looking for a website that lists the Cash amount as opposed to the listed jackpot Annuity amount for NY Lotto.Something like this example for MegamillionsOr how do I figure out the Cash amount from the listed Jackpot Annuity amount? For instance, the Jackpot Annuity amount is $50 million, from that how much would the Cash Option be?Can anyone help? Thx.
May 13, 2004, 3:22 pm - CannedAnd - Lottery Discussion Forum
What would you do with your new fortune
>>The reason I'd probably take the cash is many investment management firms can invest the money and most likely give you a higher return than you get from the annuity.<<<Possible, but doubtful. The annuity is pre-tax. You would have to exceed a 10% return to beat the annuity.
May 7, 2004, 4:26 pm - Thomas Covenant - Lottery Discussion Forum
S.C. lottery to hold $1 million second-chance drawing
How would the million be paid?If annuity, would there be a cash option?
May 5, 2004, 11:24 am - CASH Only - Lottery News
What would you do with your new fortune
weshar:I told you before DO NOT commit yourself to the annuity.
May 4, 2004, 6:56 pm - CASH Only - Lottery Discussion Forum
