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Does anybody else disagree with graduated annuities?Reply
Maybe my statement wasn't clear. The annuity itself isn't an issue, i would take it. The system of payment of the annuity is my issue. Thanks for the link, though.
Jan 23, 2010, 9:17 am - Lucky4Life - Lottery Discussion Forum

Lottery winner lost money after investing fundsReply
The annuity is better (for some people) because you are not putting all your money at risk in any single thing. With the annuity option, if you make an investing blunder this year, you still have another check coming next year.
Jan 22, 2010, 8:13 pm - time*treat - Lottery News

Does Mega Millions Digits repeat?Reply
On March 6, 2007, a Mega Millions jackpot worth $390 million was split by two tickets, one each from Georgia and New Jersey. To date, this is the largest recorded payout (of an annuity-based prize) in the world. The largest Powerball jackpot was taken by eight co-workers from a Nebraska meat processing plant who jointly bought a single ticket that won them $365 million (annuity value) in the drawing held February 18, 2006.
Dec 15, 2009, 11:07 am - four4me - Jackpot Games Forum

After $10M lottery win, Mass. woman plans 'exceptional Christmas'Reply
I remember when the Chubbies won (is that what you would call them, the Chubb people) I said take the cash option, and buy oil NOW!!! - had they done so they would have doubled their winnings in less than 1 year. I would say now to take the cash option and buy some gold, and some real estate. The only problem with a 20 year annuity is who knows what the value of a dollar is in the future with the Gov't printing so much and spending so much. i.e. imagine if 20 years ago someone won the Zimbabwean
Nov 23, 2009, 8:36 pm - LckyLary - Lottery News

After $10M lottery win, Mass. woman plans 'exceptional Christmas'Reply
Good for her!!! It's not often I see someone pick the annuity option.
Nov 22, 2009, 10:28 am - dopey7719 - Lottery News

Kansas man claims state's largest Powerball lottery jackpot one day after winningReply
but having an annuity unil you are 100 years old sure is an incentive to stay alive till 100 to collect em all.
Nov 19, 2009, 7:24 pm - savagegoose - Lottery News

N.Y. Lottery looks to increase prizes through investment strategiesReply
sounds like step 1 in forcinf annuity. i mean cant make all this %8 p.a. if you have to hand out all the winnings in a lumpsum. poor NY lotto players imagine your state losing ytour annuity after the 1st 5 years becaus eof bad investments?
Nov 17, 2009, 5:17 pm - savagegoose - Lottery News

The Economy Has Got>>Me!Reply
Wishing I would win here, and hoping all winners win before the current administrsation passes the Reverse Jackpot Law which will state that lottery winners have to pay an annuity!
Nov 9, 2009, 6:27 pm - Coin Toss - Lottery Discussion Forum

$325 MILLION: Mega Millions lottery jackpot rolls againReply
Not for nothing but won't the payout be like about $25 million a year (if not more)? Seriously, how the *bleep* can you spend $25 million a year and be broke if you never had it before? With the first annuity you can pay whatever debt you (the normal person) has and still have enough to live your wildest dreams and STILL have enough left until the subsequent year..... That's just my devil's advocate position on choosing annuity, but I wouldn't know what I'd personally do.
Aug 26, 2009, 8:20 pm - InItAndWonIt - Lottery News

Cash Option vs AnnuityReply
This has been discussed here many times, do a search. Someone heree has or had a signature, You can buy a better annuity , meaning always take the cash, and with it you can buy a better annuity than the one the state lottery is going to use to pay you with.
Aug 19, 2009, 3:00 pm - Coin Toss - Lottery Discussion Forum