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Mega wait almost over for lottery's Mega MillionsReply
TX, like NY, will require Mega Millions players to choose cash/annuity when they PLAY; the choice CANNOT be changed should the jackpot be hit.
Dec 2, 2003, 11:06 am - CASH Only - Lottery News

Georgia man hits the Mega Millions jackpot twiceReply
The annuity option for MM is 26 payments. Lotto South is 30.
Nov 13, 2003, 8:22 am - CASH Only - Lottery News

N.Y.State lottery answer my questionReply
It's great that NY gave an answer to this question, but I believe their answer is wrong.Lotteries take in cash, then after the draw they divide up the total cash received into a number of buckets. One bucket would be for the prize pool, one for administrative costs, one for paying the lottery agents, etc., etc. As Cash Only has pointed out several times, for New York, the total percentage allocated to the prize pool is 40% of gross receipts.Therefore, the actual jackpot prize is given a fixed
Nov 8, 2003, 7:59 pm - Todd - Lottery Discussion Forum

Illinois Store Sells Winning $5 Million Lottery TicketReply
The rest of the money, if paid through an annuity, WOULD go to the heirs, but there are potential estate tax consequences.
Nov 3, 2003, 8:11 am - CASH Only - Lottery News

Lunch Ladies Share $95 Million Powerball PrizeReply
Minn. shows what the winners will get before and after taxes for both annuity and cash value.http://www.lottery.state.mn.us/pr00.htmlLuck lunch ladies.
Oct 28, 2003, 3:20 pm - megamillionaire - Lottery News

Women's big Powerball win thrusts spotlight on small townReply
Given there are 16 holders of the ticket, it's EXTREMELY unlikely they will choose the annuity.
Oct 28, 2003, 8:15 am - CASH Only - Lottery News

7-Eleven store owner sells winning lotto ticket to himselfReply
Don't bother trying to find him-he made the wrong choice. CA needs to allow players to choose lump sum/annuity AFTER winning.
Oct 28, 2003, 8:13 am - CASH Only - Lottery News

New Jersey woman claims $12 million Mega Millions jackpotReply
I doubt it, Pick-4. I'd rather pick my nose than choose annuity.
Oct 21, 2003, 10:11 am - CASH Only - Lottery News

New Jersey woman claims $12 million Mega Millions jackpotReply
Way to go Cindy!!! maybe she had a GOOD reason for accepting an Annuity instead of a Lump Sum.
Oct 21, 2003, 10:02 am - Pick-4_Master - Lottery News

$28M Calif. Lotto Ticket Still UnclaimedReply
Does anyone know whether the ticket is for cash or annuity? (CA requires the choice to be made when BUYING the ticket).
Oct 16, 2003, 7:05 am - CASH Only - Lottery News