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Unclaimed lottery prizes ( ticket identification )Reply
Whether you not you can sell the annuity, playing a game with NO CASH OPTION is very unwise. Suppose the Massachusetts winners receive annuity payments through a company that turns out to be the next Enron.
Apr 27, 2002, 1:09 pm - CASH Only - Lottery Discussion Forum

Unclaimed lottery prizes ( ticket identification )Reply
As a lottery player, isn't it always better to have a choice of cash OR annuity? Does it make any sense that the 6/42 and 6/49 games in MA remain annuity-only even though Big Game players in MA _are allowed_ to collect in lump sum?
Apr 26, 2002, 9:54 pm - CASH Only - Lottery Discussion Forum

Unclaimed $4.6 million MA ticket expiresReply
The difference between annuity-only/choice of lump sum, and 0/00 on roulette wheels is significant. When players receive annuity payments through lottery winnings (cash option or not) the lottery DOES NOT benefit. Massachusetts has nothing to gain by forcing its 6/42 and 6/49 winners to receive annuities. On the other hand, the 0/00 on the roulette wheel has everything to do with the house advantage .
Apr 26, 2002, 10:24 am - CASH Only - Lottery Discussion Forum

Lump SumReply
From the FAQ (a list of Frequently-Asked Questions) on the Big Game site:Q. After I buy a ticket, can it be changed from annuity to cash option?A. Federal legislation states that if you are a jackpot prize winner but did not choose the cash option at the time of purchase AND you claim your prize within sixty (60) days of the drawing, you will have one last chance to choose the cash option. If you choose the cash option at the time of purchase you cannot change to annuity.
Apr 16, 2002, 1:37 pm - Guest - Lottery Discussion Forum

what would you do if you won 325 millionReply
It would depend if my Annuity ticket won or my Cash ones. But if if was the lump sum, then half of my money would be donated and shared. If was Annuity then, I would donate like 5-10% every year for 26 yrs.
Apr 15, 2002, 8:23 pm - DaJack - Lottery Discussion Forum

Does the winning ticket holder only get 1/3 of the jackpot??Reply
The company selling the annuity to the lottery gets to make money off of your lottery winnings, NOT YOU. If you take the lump sum, YOU call the shots, YOU get to invest the money however you wish. The company selling the annuity to the lottery doesn't give a damn about YOU.
Apr 15, 2002, 5:31 pm - CASH Only - Lottery Discussion Forum

Does the winning ticket holder only get 1/3 of the jackpot??Reply
Today, I picked for the first time annuity because I hope that maybe my chances may improve. A few posts up, someone stated that the company paying you the annuity makes money and not you. It doesn't make sense.
Apr 15, 2002, 3:55 pm - DaJack - Lottery Discussion Forum

What Powerball is suggesting..Reply
I don't think it would be wise for Powerball to make the plays $2 (OK with the Powerplay option.) I think Ohio players are eager to try BG-MM, especially with the long odds to win the $5 fourth prize in Super Lotto Plus. Ohio still gyps those who take the lump sum in Super Lotto Plus (cash value is 44% of annuity, vs 53-54% in BG-the extra four years in the OH annuity DO NOT account for the large percentage differential).
Apr 10, 2002, 10:15 pm - Guest - Lottery Discussion Forum

Need adviceReply
The cash/annuity issue is of course more important when people share ticket(s). If TX still requires the choice be make when you play, _always_ choose LUMP SUM/CASH. If the choice is made AFTER you win, 1) either make sure the contract is for choosing LUMP SUM/CASH, or, should the pool want annuity (unlikely) that those preferring CASH are not in the pool (so that those wanting lump sum aren't stuck with annual payments).
Apr 10, 2002, 10:04 pm - Guest - Lottery Discussion Forum

Hello everyoneReply
The company that SELLS the annuity to the lottery gets to profit from your winnings. The lottery has NOTHING to gain when a winner does not want the lump sum (or sometimes is forced to receive annuity payments).
Mar 30, 2002, 8:00 am - Guest - Lottery Discussion Forum