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$550 MILLION: Mega Millions holiday bonanza!Reply
The annuity value is just vastly more inflated than it used to be. The cash value is exactly what it should be, and would be advertised as a $420 million jackpot if they hadn't changed the annuity schedule. Even that value is higher than it would have been a year ago, because interest rates are a bit higher. During the record MM run in March 2013 this cash value would have been advertised as a $411 million jackpot. Ironically, that would result in this jackpot being called the 5th largest, ev
Dec 14, 2013, 10:14 am - KY Floyd - Lottery News

$425 MILLION: Mega Millions jackpot raised on huge salesReply
the cash value is shockingly low, Difference between cash value and annuity is 260 Million thats a big difference.
Dec 14, 2013, 1:13 am - Deeyar948 - Lottery News

$400 MILLION: Massive Mega Millions lottery jackpot set for FridayReply
I wonder how many jackpot winners that went for the annuity wind up selling it to one of those cash settlement companies.
Dec 12, 2013, 2:20 am - Coin Toss - Lottery News

$400 MILLION: Massive Mega Millions lottery jackpot set for FridayReply
Or buy your own annuity. Really, they're available to individuals, I promise.
Dec 12, 2013, 1:01 am - Six balls - Lottery News

$400 MILLION: Massive Mega Millions lottery jackpot set for FridayReply
In light of the many tragedies, including that of Jack Whitaker, I am beginning to like the annuity option since it disciplines the lotto jackpot winner how to plan his/her monies and in any case, paying you an annuity for 30 years guarantees that you won't be eating in from the trash can or dust bin for a very long time. The cash option may give one the illusion that, the money will always be there for ever. For instance, despite having worked very hard for my tax refund, whenever I get it, whi
Dec 11, 2013, 9:29 pm - zirabamuzaale - Lottery News

$400 MILLION: Massive Mega Millions lottery jackpot set for FridayReply
Yeah, cash option is the way to go. Wasn't aware of the new MM annuity option rules. Not worth it. Thought it was equal payments still. Difference Between Cash Value and Annuity If you win a Mega Millions jackpot, you will choose how to be paid: Cash Option or Annual Payout. Prize claim parameters vary from state to state. Contact your Mega Millions lottery for detailed information. Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 ann
Dec 11, 2013, 11:11 am - One-Day - Lottery News

$344 MILLION: Mega Millions lottery jackpot skyrocketsReply
There's nothing* to prevent you from taking your cash and using a chunk to but an annuity on your own. * Unless you're younger than 40-45; then you'll have a doozy of a time finding someone to sell you an annuity if you're 'too' young. Even a 40 year old would be pretty limited on options.
Dec 9, 2013, 9:46 pm - Six balls - Lottery News

$344 MILLION: Mega Millions lottery jackpot skyrocketsReply
Another point I would like to make about taking the cash option instead of the annuity is the ability to let it grow without touching the principal Using this current $344M jackpot which offers a CV of $184M the net payout after 39.6% Federal tax is applied would be a little over $111 million. Just for comparison the $344 annuity would amount to a $207 million take home pay if the current top tier Fed rate didn't change over the next 29 years (which is unlikely). Investing $100 million usi
Dec 8, 2013, 9:35 pm - Jill34786 - Lottery News

$344 MILLION: Mega Millions lottery jackpot skyrocketsReply
Oh okay. Still lots of money eh, Metro? Would you take the cash or annuity?
Dec 7, 2013, 11:11 pm - golfer1960 - Lottery News

$297 MILLION: Mega Millions jackpot raised again before tonight's drawingReply
Yes, they weakened the cash value significantly (by extending the time period of the annuity value if paid).
Dec 6, 2013, 10:40 pm - Prob988 - Lottery News