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Is the Annuity payout safe?
What happens to your annuity payments if your state lottery closes?
May 19, 2026, 10:18 pm - justAndy1970 - Lottery Discussion Forum

Is the Annuity payout safe?Reply
Unlike Publisher's Clearinghouse, when you win a large amount of money and take the annuity, the lottery really does have all the money needed to fund the annuity right now. They buy the annuity for you and then you collect from whoever sold the annuity to the state (probably government bonds). You are not depending on the state to raise the money needed to pay you every year.
May 20, 2026, 9:51 am - Tucker Black - Lottery Discussion Forum

Michigan woman buys the last three lottery tickets on the roll, wins $1 millionReply
Annuity scam. 30% haircut.
Today, 2:50 pm - Tucker Black - Lottery News

Annuity or Cash Value
Cash values of the MM PB jackpots are around 45% of the advertised Annuity. What would be your choice ?
May 8, 2026, 11:49 am - CDanaT - Lottery Discussion Forum

Roll overReply
The cash value goes up with sales (27.6305% to be exact). Then, they calculate what the annuity value is based on that cash prize and current interest rates. If interest rates go up, the sum total of annuity payments goes up. If interest rates go down, the sum total of annuity payments goes down. It would be nice if these lottery games would just advertise the cash value, and let the winner decide to put the money into an annuity, or not. The sum total of annuity payments under whatever inve
Feb 14, 2026, 2:15 pm - Tucker Black - Lottery Discussion Forum

Michigan man claims record $32.9 million Lotto 47 jackpot with numbers he's used for 20 yearsReply
The age of the winner is irrelevant, because the prize is a 30 year term certain annuity, not a life annuity.
Jan 14, 2026, 2:28 am - Tucker Black - Lottery News

$1.5 BILLION: Massive Powerball jackpot fuels rush for ticketsReply
I see the cash option was updated, it is now $689.3 million. The annuity is still $1.5 billion. Will it be raised again tomorrow before the drawing? The interest rate has dropped slightly, so each cash dollar will now buy $2.176 worth of annuity instead of $2.185 worth of annuity. Players are wildly unlikely to buy a different number of tickets because of a change in interest rate so it seems wildly unlikely that a legitimate sales forecast was revised upward exactly as much as require
Dec 19, 2025, 3:39 pm - KY Floyd - Lottery News

$1.1 BILLION: Powerball jackpot increased in longest-ever winless streakReply
@ David King I've pondered the annuity vs lump sum debate as well. Ultimately, the lump sum gives you greater flexibility, and more scope to achieve higher returns than the annuity, and faster. However, if you were under 30 then I think the annuity would be more attractive. There's something very comforting in knowing that even if you blew a few million $$$ this year on bad property, bad investments, or harebrained career schemes, you only had to wait a few more months to be financially redeemed
Dec 16, 2025, 4:37 pm - Barramundi - Lottery News

New Hampshire Lottery launches $30 scratch-off ticket offering record $3 million top prizeReply
Tucker is right. The cash jackpot is the real jackpot. If a winner chooses the annuity the cash amount of the jackpot is simply invested to pay the annuity. The annuity payout is promoted in advertising jackpots to look better.
Apr 9, 2026, 8:25 am - rcbbuckeye - Lottery News

Annuity or Cash ValueReply
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
May 9, 2026, 1:56 am - KY Floyd - Lottery Discussion Forum