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DO you really lose money if u take the annunity over the lump sum?
Here's the deal.......... you don't need the STATE to buy an annuity for you.........
You can buy THE VERY SAME ANNUITY on your own without the STATE.
Or you can but a better paying annuity, or use a savings account and get 1%.
Once you hand your wealth over to the STATE is absolutely perminate.
You lose ALL ability to chose and cash now will be waiting for your call.
Aug 19, 2012, 10:29 am - Ronnie316 - Lottery Discussion Forum
$337 million Powerball jackpot ticket sold at gas station in small Michigan city
I was shocked to see the cash value go that high! Prior to the last minute bump to $337 million, the cash value on the $320 million jackpot was $213.3 million. What I find confusing is that the Annuity went up $17 million while the cash value jumped to $244,665,690 a boost of $31.3 million from the previous cash value.
I have the same sentiments as Todd as to the cash value-to-annuity ratio. This was indeed very similar to MM's jackpot-cash value ratio.
Aug 17, 2012, 8:12 pm - Jill34786 - Lottery News
$320 MILLION: Powerball lottery jackpot increased before draw date
You have to understand that you are insane in order to take annuity and protect yourself from yourself. In many cases insanity runs unnoticed to the carrier.
Let me ask you back, how many people in your life told you yes , when you exclaimed Are you an idiot? The rate of people taking annuity is approx the same.
Aug 15, 2012, 9:31 pm - tvboris - Lottery News
Georgia Lottery president/CEO announces retirement
I wonder if the HR department at the Georgia Lottery asked her if she wanted the lump sum payment or the annuity for her retirement.
Aug 15, 2012, 7:46 pm - whiteballz - Lottery News
DO you really lose money if u take the annunity over the lump sum?
Correct me if I'm wrong, but aren't the rates on the bonds that fund the annuity fixed? Does anyone have documentation either way?
Aug 14, 2012, 4:38 pm - mediabrat - Lottery Discussion Forum
DO you really lose money if u take the annunity over the lump sum?
People who took the annuity when interest rates (or whatever benchmark they use) were higher may be in for an unpleasant surprise.
Aug 13, 2012, 1:02 pm - time*treat - Lottery Discussion Forum
Mega Millions in Trouble?
It seems that the jackpots are growing much more slowly.....
1st Annuity $12 Million
2 nd Annuity $13 Million
3rd Annuity $21 million
Didn't it used to be like $12 million $20 million $28 million?
Aug 4, 2012, 6:35 am - markp1950 - Lottery Discussion Forum
Why did the drunk go to the strip club with $700k cash?
A good argument for taking the annuity instead. Makes it a lot harder to put it all in one pile.
Jun 8, 2012, 2:43 am - mediabrat - Lottery Discussion Forum
Why did the drunk go to the strip club with $700k cash?
ahh... so he only had 700k left after calling one of those 'cash-me-in' annuity services...
Jun 7, 2012, 8:29 pm - maximumfun - Lottery Discussion Forum
$102 million lottery winners - 17 years later
For some reason i think this was one of the smart moves for getting the annuity..
May 23, 2012, 10:52 am - C0w Pi3 - Lottery News
