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Annuity vs Cash Value
It depends on how big of a drop-off from jackpot amount to take home after taxes. Say the jackpot was $3 million and after cash option/taxes you take home around a million. I'd be tempted and take the annuity and invest a chunk of it a year into a IRA and use the rest to save up for a house . Work a few years and save some more and retire maybe a decade down the road.
Aug 2, 2016, 10:23 pm - dognabit - Lottery Discussion Forum
Indiana lottery ticket wins $540 million Mega Millions jackpot
It's not only possible, it's probable. Why? Well....... there are over 258 MILLION reasons.
I play several games here in Tx including MM and PB. I would be happy with a Tx 2 Step win, although I couldn't retire on it. But, with MM and PB, I could retire on second prize. And that's why it's worth it for me to play.
As far as the conspiracy thing about numbers being manipulated. Sorry, that makes no sense whatsoever. Again, look at the number of combinations and tell me how big it is. They d
Jul 11, 2016, 10:59 am - rcbbuckeye - Lottery News
HGTV lottery Show Friday 7/1 8PM Eastern
I didn't watch the show but I'm gonna guess that winning a million wasn't enough to retire on and that they obviously saved money to buy a house. Lottery money + standard saved up money = $800,000. Just as any regular person would save up to buy a house, maybe they also saved up a couple hundred thousand.
Jul 2, 2016, 1:35 am - Kingofearth - Lottery Discussion Forum
$333 MILLION: Mega Millions jackpot continues climb
Real Money to retire on huh? l'm surprised you didn't say nothing less than a billion dollars is required to set one up for life.
Jun 20, 2016, 9:23 pm - noise-gate - Lottery News
Anyone else notice this about Mega Millions
I was referring to the $1,000,000 amount as a supplement to ones current income. There is absolutely no way anyone could retire comfortably at a young age (under 40) with that amount. If by chance someone got $1million tax free and was in their 70's then it should be ok as long as no unexpected medical situation arises.
Jun 19, 2016, 11:15 am - Drenick1 - Lottery Discussion Forum
How much is "life changing"?
I chose a million. I guess it depends on your age, current income and debt. A million would retire me now. I call that life changing.
Jun 7, 2016, 7:41 pm - LiveInGreenBay - Lottery Discussion Forum
New York: 6/1 - 6/30/2016
Thanks Bux he is headed for his masters now . He can retire he has 40 years on the job but they offered him a job under the CEO so I'm waiting on the sidelines til he is 66
Jun 2, 2016, 10:38 pm - Mommysb - Pick 4 Forum
Can I become anonymous?
It might workout ok. Lots of Californians retire to Nevada to take advantage of the no state income tax California doesn't try to gyp them on income tax even though the $$ was earned in Ca.
May 29, 2016, 12:20 am - Rexer90 - Lottery Discussion Forum
Creative usernames.
I'm dreaming of moving to Arizona when I retire. Hopefully real soon with a big MM win. But I'll get there eventually, even without.
Apr 21, 2016, 8:53 pm - ArizonaDream - Lottery Discussion Forum
Parking garage attendant wins lottery, immediately quits job
Great time for Gregory to retire, at 58 years-old. I hope he doesn't take his winnings in one lump-sum or he might end up broke in just a few short years by his friends and long-lost relatives, coming out of the woodwork,with investment scams, loans that Gregory will never get back. Congratulations Gregory!
Mar 31, 2016, 7:25 pm - larry3100 - Lottery News
