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would you take cash or payments on the PBReply
wow!I was thinking of taking the Annuity. I figured it would be easier to manage and I'd still be able to live the high life . Taking the lump sum would mean more people touching your money before you get it, like someone else stated. I was just worried about pulling a Jack . lolNow that you all totally confused me, lol, I KNOW before I claim the money I'm going to go and hire an advisor! (I knew it before, but now it's the first thing!)I've never been good with math, but after listening
Oct 16, 2005, 9:30 am - whitmansm2 - Lottery Discussion Forum

Is a 400 million jackpot possible?Reply
Can any one tell me why the MM Annuity vs cash is 90/53 = little less than 60% and PB is 340/164.4 which is less than 50%.
Oct 16, 2005, 8:38 am - hsvscubaski - Lottery Discussion Forum

would you take cash or payments on the PBReply
How do people make the assumption that if you are taking the lump sum you are losing the difference between the annuity and the lump sum??? Obviously those people have no idea what they are talking about. The lottery doesn't give you an extra amount if you take the annuity.I don't think anyone here thinks what you stated. There is no extra amount, it is the fact that they state the Jackpot is $290,000,000 and that is the amount you expect. That is the amount that should be paid in cash. U
Oct 14, 2005, 10:32 pm - truecritic - Lottery Discussion Forum

Powerball now at $300 millionReply
In comarision.Powerball jackpot of $300,000,000 = $146,000,000 cashMega Millions jackpot of $240,000,000 ~ 146,000,000 cashA sixty million dollar difference because of the new way they structured their annuity.Brad
Oct 14, 2005, 9:49 pm - Bradly_60 - Jackpot Games Forum

Powerball=$300 millionReply
It looks as if powerball will be an annuity record for saturday. I am guessing about $320 million by saturday night's drawing.
Oct 14, 2005, 6:17 pm - weshar75 - Lottery Discussion Forum

would you take cash or payments on the PBReply
I have said it once before and I'll say it again! Why in God's name would anyone take an annuity for? I want my dollars while they are valued as close to a dollar as they can be today. What is meant by that is, the dollars value changes all the time. Today it's worth .76 cents and tomorrow it could be only worth .66 cents, which would you want it to be worth? You see when you take an annuity today the dollar is worth .76 cents. But the dollar could be worth a lot less even 5 years down the road
Oct 13, 2005, 9:35 pm - BaristaExpress - Lottery Discussion Forum

would you take cash or payments on the PBReply
I see no advantage of annuity over cash. Whatever you can make happen with annuity, you can make happen with cash - they both start from the same baseline. The variable from the baseline is the difference. You can chose to have zero control on what happens, sit back and pay whatever fees and taxes the Government dictates, and see a hundred million in tax (close to it) disappear. Or you can get the cash, hire people a zillons times more savy than a civil servant (nothing against them personally)
Oct 13, 2005, 9:35 pm - Chewie - Lottery Discussion Forum

would you take cash or payments on the PBReply
You would be better off taking the cash then getting your own annuity if you so choose based on your needs.
Oct 13, 2005, 5:46 pm - dvdiva - Lottery Discussion Forum

USA Mega debuts Powerball lottery annuity calculatorReply
Chewie, tax uncertainty is part of the reason why cash value option is ALWAYS better than annuity.
Oct 12, 2005, 7:37 pm - ryanm - Lottery News

USA Mega debuts Powerball lottery annuity calculatorReply
It's a holiday weekend. I appreciate the feature but at my age I'd have to pass on annuity and take the cash.
Oct 9, 2005, 11:52 pm - wizeguy - Lottery News