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To all Lottery Post-ers:Reply
annuity, thanks for the advice but i would rather sit on the couch and watch my wife work harder than she has to. i am a user and a loser. you see, i have a good thing going by making my wife go thru this. don't tell her or she might catch on. i am all about the free ride and you are the first to catch me at it. dang.you have no idea about my life. you know what is funny, your comments don't even make me mad. i think it is rather entertaining to watch you continue to open your un-informed big
Jan 19, 2003, 12:04 am - visiondude - Lottery Discussion Forum

New Powerball info availableReply
On the powerball website, it says that among the new rules:Power Play Option Drops The 1 But if the power play multiplies your winnings if you get the power play number right, what is the point of paying an extra amount for power play 1 if any amount multiplied by 1 is that same amount anyway?Not only that but the New Match 5 feature is created where the prize pool is divided among those who match 5 numbers. But in order to receive a share of the prize pool, can ANY 5 numbers be matched (4 wh
Oct 1, 2002, 3:10 pm - rundown99 - Lottery Discussion Forum

New Powerball info availableReply
CashONLY: I don't necessarily agree with your position that Powerball has better low-tier prizes. They are certainly different, but not better. You can say that technically, this prize is better than that, but the bottom line is that people play the game to win the jackpot, not $2 or $3.Powerball is attempting to increase the perceived size of its jackpot by raising the annuity period. This has the direct effect of LOWERING the cash value. Mega Millions, on the other hand, always has a great
Oct 1, 2002, 11:03 am - Todd - Lottery Discussion Forum

Lottery player/winner advice ?Reply
it is interesting that it wasn't too long ago that people even started to consider getting financial advice before running down to their local lottery hdqtr's to collect their cardboard check. most past winners did just that ( i want my money NOW). a few lottery states are actually advising winners to get advice before collecting. they didn't use to do that before.people that didn't seek advice before collecting were ignorant of the implications of an annuity estate tax. it seems that until
Sep 9, 2002, 2:19 pm - visiondude - Lottery Discussion Forum

Lottery player/winner advice ?Reply
Can we get back to the original post and the article in which the comments were referred, please? The original post mentioned that lump sum is better than annuities doled out by the state. THAT, and several other posts, is not the issue from the article. In fact, the article stated, and I quote, again, From a financial standpoint, it's better to have it and invest it. That plainly advocates lump sum, not state annuity. The point Haisman was trying to get across was that there are people w
Sep 6, 2002, 11:16 pm - wishin - Lottery Discussion Forum

TX winner a potential loserReply
okay lets say a the worst you win the 10million annuity... 5million in cash i believe the tax rate including federal and state and local here in ohio would be around 47.5% where i am at. Federal tax is around 37 to 39 percent maxed right now.. . if you took that cash instantly without defering any of the taxes for 25 years (most you can defer taxes on lotto winnings legaly for federal taxes) you would still be recieving a check for around 2.5million to 2.75million. lets say you spend it down
Sep 5, 2002, 4:52 pm - durango99 - Jackpot Games Forum

FINALLY THE ROCK HAS COME BACK TO LOTTERY POST!!!!!!!!!!Reply
Visiondude my buddy it is good to see you again! How have you been? Cashonly I see that you are as funny as ever with your comments but not yet quite up to par with the great one! LOL Visiondude you are quite correct that it is not up to The Rock to solve the worlds problems but only do what the God tells The Rock to do with it and of course The Rock will. The Rock also believes very strongly in his heart that to whom much is given much is expexted so The Rock will give alot of money away to hel
Jun 28, 2002, 3:23 pm - therock - Lottery Discussion Forum

Hello everyoneReply
I've been reading all the posts (past and present) aboutthe Pros and Cons of choosing an annuity. You all must not have family. Because you're talking like the money would never be split any further after Uncle Sam and your state gets their chunk of your change. What about the million that your siblings will ask for? What about your parents, assuming their still living? And let's not forget those with grown children... and the grandchildren. All these people/relatives will have their hands out.
Apr 2, 2002, 2:34 pm - Guest - Lottery Discussion Forum

Hello everyoneReply
Todd, Patrick et al,Thanks for the welcome.. May we all win big one day! (just not all the same day :) )Patrick: Not to sound rude, but reading through past posts from yourself and other members,I already understand you don't like MA's millions or megabucks.. What I'm looking for is WHY..Why do you feel that lump sum is better than annuity? For the record, I'm 27 so I would hope that 26 years from now will still see me breathing.. Besides that age factor, do you see anything else?I have always t
Mar 28, 2002, 1:10 pm - someday22 - Lottery Discussion Forum

Tax Strategies For Lottery Winners - Lump Sum vs InstallmentsReply
Lump Sum vs. Installments Lum Sum for the wisest investers, Installments are for idiots they have a saying about investments assumption is the mother of all f ups by taking the installments, are you making the assumption, the Govt bonds they buy to pay for your Annuity are better then taking the 35% full tax rate hit now, and investing all the cash into other then govt bonds i give you real numbers backed up by what a real clever invester would do right now me if i
Feb 2, 2011, 1:40 am - joshuacloak - Lottery Discussion Forum