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Has the lottery ever failed to pay annuity?Reply
Yes, many long years ago. When annuity was the only way the jackpot was awarded, Illinois gave the money to some private investment firm. This firm went bankrupt a few years later, leaving the Lotto winner holding an empty bag. The winner sued the lottery commission. I have no idea how the case was decided but I would wager my next powerball ticket the winner left court holding an two empty bags.
Apr 14, 2013, 4:50 pm - GASMETERGUY - Lottery Discussion Forum

Woman wins $40M, not $40K, sparking wild celebrationsReply
No TAXES!!!! How AWESOME is that? When it comes to the lottery, you should be able keep the entire jackpot. I wonder if the $40 million is in cash or is there an annuity? Will she have to lose about half to get the cash lump sum now?
Apr 11, 2013, 5:41 am - ShowMeTheMoney$ - Lottery News

Cali Powerball players: How much wagering for first draw?Reply
That is why there are some lottery winners that get into financial hardship, they never think about how much the government will take. The Powerball is at $60 million annuity or $38.9 million cash value. If there was one winner from California and they chose the lump sum, they would get to keep about $23.5 million after 39.6% federal income tax. Luckily, California doesn't have state tax on lottery winnings.
Apr 7, 2013, 2:47 pm - whiteballz - Lottery Discussion Forum

So how come MM cash values are always considerably closer to their annunity than PBReply
i want to hear from people who won 30 years ago and to the annuity. how is their payouts fairing now what with inflation and all?
Apr 6, 2013, 12:54 pm - savagegoose - Lottery Discussion Forum

When was the last time MM was higher than PB?Reply
When you're talking about PB or MM being higher, you should qualified weather you're talking about their jackpots or cash values. PB jackpot can be higher while MM cash value is actually higher because of the annuity plans used to calculate their projected jackpot amounts.
Apr 1, 2013, 11:46 pm - RJOh - Lottery Discussion Forum

Would you wait for a year before claiming your $10M MM ticket if your state has a pending bill thatReply
Lottery tickets in Ohio has to have a claim filed within six months of the drawing. After sixty day the cash option is no longer available for those tickets that have the annuity alternatives.
Mar 31, 2013, 2:13 am - RJOh - Lottery Discussion Forum

$320 MILLION: Powerball lottery jackpot goes through the roofReply
That is largely a function of the interest rates gradually improving. As the interest rates on bonds improves, the lottery's cash on-hand is able to produce a larger annuity estimate.
Mar 24, 2013, 12:50 am - Todd - Lottery News

$320 MILLION: Powerball lottery jackpot goes through the roofReply
I got what I posted from USA Mega. My question has been how does HRH Todd beat the official websites every time in posting? I also noticed he was kind enough to update the annuity value though I am sure he's willing to perform another update should it roll over!
Mar 23, 2013, 11:58 pm - Original Bey - Lottery News

It's important I win tonight's lottoReply
I need to win tonight's jackpot so I can take the cash forget the annuity. Plus I will split the jackpot with my mother so less money in my pocket. But I think that I can handle $40 to $50 million to live off since I make about $20,000 a year that will be financial shock. I will have to grow a custom to the new found wealth that I have but it is a nice headache I would enjoy. Good luck to me!-weshar75
Mar 23, 2013, 6:51 pm - weshar75 - Lottery Discussion Forum

$260 MILLION: Powerball lottery jackpot surgesReply
I am only 27... But no way I'd take annuity.. even though its about 70mil more... Many different reasons... 115milliin is plentyfor me and my family...
Mar 17, 2013, 7:48 pm - ashabug725 - Lottery News