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If you won big - would you take the cash option or annuity?Reply
I think a lot has to do with the amount of the Jackpot and the age at which someone is if they are lucky enough to win. If it was a huge Jackpot 100 million or more and I was in my early twenties I would go with the annuity. Even after 30 a year annuity one would be in their early fifties with plenty of life yet to live and should be set for life as long as one spends and invests wisely.
Apr 29, 2021, 1:49 am - s5thomps - Lottery Discussion Forum

Oregon Megabucks 2021Reply
Well I had one line of two numbers tonight and a bunch of one number lines out of my eight lines so no prize tonight and the jackpot was won tonight for one winner of $3.9 million annuity and $1.95 million cash option. So I think that I am going to stick with mega millions until someone claims that jackpot and then plan a casino trip for myself before summer break comes to Oregon. Monday April 5th 2021 Oregon Megabucks jackpot will be $1.0 million annuity and $500 thousand cash option.-weshar75
Apr 3, 2021, 11:39 pm - weshar75 - Jackpot Games Forum

$32.25 million Lotto Texas jackpot is currently the largest in the USAReply
The cash value is even better, at almost 85% of the annuity value vs about 80% for the $31 million MM annuity. The odds are almost 12 times better, too. The odds won't change, but in a little while we'll know if MM has rolled to $40 million.
Aug 14, 2020, 11:50 pm - KY Floyd - Lottery News

Texas Lottery to reopen claims centers June 1Reply
That sentence just lists which prizes require an appointment: Lotto TX, MM, PB, anything paid as an annuity, anything over 5 mill. I don't think the state of TX has the authority to make you take the annuity on MM and PB jackpot prizes.
May 15, 2020, 1:40 pm - cottoneyedjoe - Lottery News

Something looks a bit odd with MM jackpot & cash option.Reply
I've seen that happen before. I may be mistaken , but the annuity amount is determined by current interest rates, or what it would cost to purchase the annuity based on what the cash amount is.
Mar 8, 2020, 6:00 pm - rcbbuckeye - Jackpot Games Forum

CALottery changing up SLP?Reply
A memo and the proposed regulations were just posted regarding the regulation change. They are proposing to make the SuperLotto Plus annuity structure more backloaded--similar to the annuity structure of Powerball and Mega Millions.
Nov 20, 2019, 9:42 pm - James78 - Lottery Discussion Forum

Cash vs AnnuityReply
You must be referring to Powerball and MegaMillions. The secondary prizes (non-jackpot) are paid from the state lottery fund (is my understanding) and there is no annuity option with them. If it was a state lottery game with a $1 mil. jackpot then to get that amount it would have to be the 25-30 year annuity.
Jul 15, 2019, 10:46 am - user34 - Lottery Discussion Forum

South Carolina man wins $10 million lottery prize during lunch breakReply
Well, there's no guarantee that annuity will be in existence 10 or 20 years from now. Who knows what may happen and poof, money's gone. He would have no control over that annuity. He can find his own investment that can earn interest and be safe.
May 28, 2019, 10:34 pm - rcbbuckeye - Lottery News

Wisconsin man, 24, claims $768.4M Powerball lottery jackpotReply
The cash option was a big mistake. If you listen to him he said he wanted annuity but thoes blood sucking lawyers and financial advisors told him lump sum. If i win like him i will fire all attorneys and fire all financial advisors and i will take annuity i don't need more money or some clowns telling me how to spend my money bulls....
Apr 24, 2019, 8:20 pm - JoeBigLotto - Lottery News

Lotto America 2019Reply
I was wondering the same thing. Cash value goes up but annuity not much but then the cash doesn't go up much but annuity goes up quite a bit.
Mar 26, 2019, 11:10 pm - C0w Pi3 - Jackpot Games Forum