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Something strange with Megabucks Doubler GameReply
TSC ... I saw something like that earlier, maybe in April ... I didn't post about it. I think the annuity didn't change but the cash option went up a little and then after the next draw the annuity went up but the cash stayed the same. I'm sure I saw this strange thing happen but I can't prove anything at this point ... no one posted anything also, so I figured not many people are watching the game. I've said it before and will say it again ... this is one strange game but I still have tic
Jun 1, 2015, 4:27 am - Crazy Wombat - Jackpot Games Forum

Something strange with Megabucks Doubler GameReply
Yeah it does make sense to take the cash. I just thought it was strange that the cash value would go up but the annuity would go down so much.
May 31, 2015, 4:09 pm - ThatScaryChick - Jackpot Games Forum

Are you for a Cash Jackpot payout regardless of the amount?Reply
I'd settle for cash. Like previously mentioned by the members, it is uncertain if there is any change of rules or dirty politics in Annuity. Get a grab on the lump sum and we are good to go!
May 20, 2015, 3:07 am - Wendy Domnic - Lottery Discussion Forum

Are you for a Cash Jackpot payout regardless of the amount?Reply
Do they offer annuity's when the jackpots is so small, e.g., 3 million? It seems like whether you take cash or the annuity, after they get done with it your winnings are significantly reduced.
May 19, 2015, 9:03 pm - Redd55 - Lottery Discussion Forum

Are you for a Cash Jackpot payout regardless of the amount?Reply
That's why PB and MM both set up the annuity on an increasing rate schedule. PB payments increase by 4% each year, MM by 5%. For the current $173M Mega Millions jackpot, the first payment is $2.6M, the final payment is $10.7M.
May 19, 2015, 8:27 pm - Murgatroyd - Lottery Discussion Forum

Are you for a Cash Jackpot payout regardless of the amount?Reply
If you kick the bucket, the annuity doesnt disappear but is part of your estate. Sure you may be dead and can't enjoy it, but as far as myself goes, I can only spend so much money. After a house, car, vacations, the rest wd go to charitable donations while I am alive and when I am dead.
May 19, 2015, 1:13 pm - Redd55 - Lottery Discussion Forum

Are you for a Cash Jackpot payout regardless of the amount?Reply
Funny you should mention being dead before the Annuity ends - l brought up this topic last night amongst some friends and one of them made a good argument. He said that if you young, single and have a family history of heart disease, strokes etc- taking the money is a good option because you never know when the grim reaper comes calling.If you young married your family medical history is pretty good, it's a 50/50 choice as to whether you go for either payout. Most of us disagreed with his thinki
May 19, 2015, 12:48 pm - noise-gate - Lottery Discussion Forum

Are you for a Cash Jackpot payout regardless of the amount?Reply
If I was 30 years younger I would take the annuity also. But since I'm well past that age I would take the cash.
May 19, 2015, 7:54 am - zephbe - Lottery Discussion Forum

Are you for a Cash Jackpot payout regardless of the amount?Reply
The difference to me is being taxed once or 30 times and considering that a player who took an annuity from the PA Lottery last year, will be paying an extra 0.7% more in state taxes next year. Nobody in their right mind expects taxes to go down any time soon.
May 19, 2015, 12:22 am - Stack47 - Lottery Discussion Forum

Are you for a Cash Jackpot payout regardless of the amount?Reply
It doesn't matter as long as the prize is based on a cash amount. The winner taking the cash or allowing the state to invest it in an annuity to be paid out over the next 20-30 years doesn't change that amount.
May 18, 2015, 11:25 pm - RJOh - Lottery Discussion Forum