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cash vs. annuityReply
half lump sum and half annuity seems like a good idea just in case spending habits get out of control...
May 22, 2005, 5:38 pm - LOTTOMIKE - Lottery Discussion Forum

Busy lottery winner finally takes a break and claims jackpotReply
What did he choose? (CA _currently_ requires the cash/annuity choice when you PLAY.)
May 21, 2005, 12:10 pm - CASH Only - Lottery News

'Blue Game' to start in October?Reply
The following is a description of the BLUE GAME: The BLUE GAME is a new lottery game that would be available in all the states where Powerball is played.Players pick 5 numbers from a field of 1-59, and 1 number from a second field of 1-59. Quick picks would also be available.The Lottery will draw 5 numbers from 1-59 from the first drum, and 2 numbers from 1-59 from the second drum. A player only has to match 1 of the 2 numbers from the second drum to win.Each play costs $2.There are 10 different
May 19, 2005, 11:09 am - MegaHopeful - Jackpot Games Forum

100 dollar scratch offReply
If it was $100, such an annuity would be $1 million tax-free every year for life.
May 18, 2005, 7:30 pm - JimmySand9 - Lottery Discussion Forum

winning a jackpotReply
if 2d prize is $1 million annuity, than the cash option should not be fixed at 500k.
May 18, 2005, 4:39 pm - CASH Only - Lottery Discussion Forum

winning a jackpotReply
also i wonder if the 500,000 cash or 1 million in annuity is gonna be a good thing for the blue game....
May 15, 2005, 5:22 pm - LOTTOMIKE - Lottery Discussion Forum

Tax Question...Reply
If the powerball annuity value is $111 million then the cash value is around 55%-56% of the annuity. This leads to $62.4 million in cash value. The lottery withholds 25% federal tax and whatever your state tax liability is (depending upon your state). At the end of year, you would still owe 10% more to the federal government (the federal tax rate is 35% on anything over $319,100). So $62.4 million * 65% = $40.56 millionSince I live in a state without any state tax on lottery winnings I would
May 14, 2005, 5:03 pm - twisted - Jackpot Games Forum

cash vs. annuityReply
cash only what would you do if they told you that you must take an annuity,lol,what would you do??
May 14, 2005, 4:53 pm - LOTTOMIKE - Lottery Discussion Forum

winning a jackpotReply
lol,you guys represent opposite ends of the spectrum,one loves annuity,the other loves lump sum.
May 14, 2005, 3:56 am - LOTTOMIKE - Lottery Discussion Forum

mega millions and powerball jackpot pollReply
i wonder what he would do if they told him he had no choice but to take an annuity,lol
May 14, 2005, 2:45 am - LOTTOMIKE - Lottery Discussion Forum