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The Idiot TaxReply
yeah, people have been complaining for decades that the advertised annuity prize is a far cry from what you actually get if you actually won. you're a bit late to the party, but there's still some bud light in the fridge.
Apr 1, 2024, 11:26 pm - Brock Lee - Lottery Discussion Forum

Mega Millions and Powerball offer $1.11 billion in combined lottery jackpotsReply
I liked it better when we weren't being lied to about the jackpots restarting at $40M ( last for the PB was on 2-15-2020) not the $20M(starting on 4-11-2020) figure they blamed on Covid. I also liked it better when the Cash to Annuity value was at 66% and not this mere 47% jargon.....Gotta take the good with the bad I suppose....Onward we go..Best of luck to everyone that participates.
Mar 5, 2024, 12:25 am - CDanaT - Lottery News

One Michigan lottery ticket wins $842.4 million Powerball jackpotReply
What's the alternative. No lottery. Everyone knows the lump sum is all that is in a jackpot. The lure is what the annuity would be is the jackpot you see. Taxes are taxes. No escaping the taxes. You just accept what you get and be happy about it. They are not about to all of a sudden announce, no more taxes on excessive lottery winnings.
Jan 4, 2024, 9:20 pm - billybucks - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
Funny how they reduced the cash value by almost $30 million but the Annuity stayed the same. Interest rates didn't go up substantially in the past 2 days.
Oct 8, 2023, 3:13 pm - Unluckyone - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
yup, after taxes that is 238,169,000 million dollars, still an amazing amount of money to have. The other option is to go with the annuity payout for 1.4 bill which is 70 mill for 20 years. But a lot can happen in 20 years so most take the cash,
Oct 5, 2023, 10:42 am - lottoman626 - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionReply
the annuity is stretched out over 30 years, if you are 30 years old you will be 60 by the last payment, if you are 40 years old you will be 70 etc. although you lose almost half by taking the lump sum, most take the lump sum for obvious reasons.
Sep 23, 2023, 3:20 pm - lottoman626 - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionReply
It's possible that the winner wants to take the annuity option and will claim it just prior to 180 days. Add the three months of anonymity that Florida law allows, and that's a total of 9 months they can remain anonymous. That's more than enough time to go away and hide. G5
Sep 23, 2023, 8:15 am - GiveFive - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionReply
60 days??? Jeeesh...forgot about that lil aspect.... Hope your ticket wasn't misplaced.. ..what was the 1st payment on the annuity ?? Around 12 or 13 Million take home??... I am rooting for the cash option to make it in time
Sep 22, 2023, 4:23 pm - CDanaT - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionReply
Experts say the best thing to do is claim the cash option immediately, invest in an annuity so the cash starts working for you. If too much time has passed the tickets probably lost.
Sep 22, 2023, 4:23 pm - Tony Numbers - Lottery News

Beer store has these ticketsReply
i relayed your comment to chad g. petey. he said billy willy's beer store sells $8 scratchers where the top prize is beer for life paid out as a 37 year annuity. he also said the odds of winning are 1 in pineapple. none of that sounds correct, but you are very loyal to chad so i'll let you work it out.
Aug 20, 2023, 11:39 pm - Brock Lee - Instant ("Scratch-Off") Games Forum