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Can MM & PB Start Being Honest? Must this farce continue?Reply
Not only does it increase sales, but I would think the states make some profits off the annuity.
Jun 18, 2013, 12:33 pm - Ronnie316 - Lottery Discussion Forum

Can MM & PB Start Being Honest? Must this farce continue?Reply
The higher annuity amount doesn't ever effect my decision to play since I always know the cash value too.
Jun 18, 2013, 12:27 pm - RJOh - Lottery Discussion Forum

Can MM & PB Start Being Honest? Must this farce continue?Reply
The economics, finance and accounting lesson not withstanding, it doesn't answer the why Because the higher annuity amount sells more tickets. And judging by how people go nuts over an inflated annuity amount, it works.
Jun 18, 2013, 12:17 pm - ameriken - Lottery Discussion Forum

If you won either the MM/PB JP: How soon would you claim your prize?Reply
yes you can, but unless you win hundreds of millions, you may not make enough with your annuity investments to even cover day to day living expenses. Yes, you shouldn't live your life based on other people's standards. If you want to choose annuity, go ahead. As I said, there could be good reasons for it, and it may suit you personally. But it's kind of silly if the reason you're not choosing lumpsum is simply because many people who would could lumpsum seems to have different political
May 28, 2013, 4:12 am - yoho - Lottery Discussion Forum

If you won either the MM/PB JP: How soon would you claim your prize?Reply
annuity is almost always a horrible choice. Almost. Why do you tend to choose annuity? @noise-gate; it's not british influence. litres are standard across the world. Only the US and british use gallons, miles, feet, etc. It's really inconvinent.
May 28, 2013, 1:29 am - yoho - Lottery Discussion Forum

If you won either the MM/PB JP: How soon would you claim your prize?Reply
As soon as I can make a decision between lump sum vs annuity. Everything else could come later.
May 24, 2013, 5:55 pm - redhot7 - Lottery Discussion Forum

Annuity or Lump Sum?Reply
First off, I respect your opinion in your support of annuities. I would just like to clarify a few things. The lottery invest your annuity by getting long term Government bonds that pay about 1.5% annually. If a persons chooses an annuity instead of the lump sum and decides to invest it, then they too are responsible for the same taxes that a lump sum recipient. It sounds to me that you are referencing a scenario in which a winner who takes the annuity option doesn't have to pay any additi
May 24, 2013, 1:12 pm - Jill34786 - Lottery Discussion Forum

Can you see yourself selling your winning MM/PB ticket to JGWentworth etc?Reply
Actually I was too young to play when jackpots were only offered with an annuity but I did read about on the Internet
May 22, 2013, 3:10 pm - Jill34786 - Lottery Discussion Forum

Can you see yourself selling your winning MM/PB ticket to JGWentworth etc?Reply
The settlement is reserved for the same suckers who took the annuity in the first place.
May 21, 2013, 5:58 pm - Ronnie316 - Lottery Discussion Forum

Record Powerball jackpot won by 1 ticketReply
$590.5 million is the annuity value. If the winner chose the annuity, the cash value is invested on behalf of the winner over a 30 year period and the sum of all the annual payments would equal $590.5 million before taxes. If the winner takes the cash option, they get the money at its present day value.
May 19, 2013, 5:31 am - whiteballz - Lottery News