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$540 MILLION: Mega Millions jackpot raised on huge salesReply
I'm like 90% sure that is a sole winner chooses annuity, that would be the largest annuity ever awarded. I know there was someone in Cali who choose the annuity for a 200M jackpot, and i'm pretty sure that's the current record
Jul 7, 2016, 11:36 pm - Kingofearth - Lottery News

Anyone else notice this about Mega MillionsReply
You may not have been referring to all of the cash, but that's what's used to determine the annuity value. There is no annuity valued at $9 million, and there's no negative interest rate, as part of the jackpot. There's a total cash value (or was at that time) of $173.3 million, and if it had been invested at the lower (but still positive) interest rate available at that time it would have produced annuity payments totaling $260 million.
Jun 18, 2016, 3:34 pm - KY Floyd - Lottery Discussion Forum

California 1/3 Billion Dollar Powerball Ticket Lost?Reply
The IRS allows you 60 days from the date you file the claim to choose between the cash value and the annuity. Most states will let you file the claim anytime before the ticket becomes worthless and then follow the IRS rules allowing 60 days to decide between cash and annuity. Technically, the state may still allow you to choose the annuity even if you wait longer, but after 60 days the IRS taxes the winnings as a lump sum, thus requiring that taxes on the full amount be paid in that tax year.
Apr 24, 2016, 7:43 pm - KY Floyd - Lottery Discussion Forum

Cash4LifeReply
Agreed, I can do better (return wise) than the annuity.
Feb 27, 2016, 2:39 pm - DELotteryPlyr - Jackpot Games Forum

Has anyone noticed the change?Reply
The information about inflation that we get from the government is real info based on what's actually going on. The annual increases in annuity payments for various lottery games are a fairy arbitrary amount. It's possible that the 5% figure was chosen in the expectation that future payments will have at least the same value as current payments, but that's not the real reason for the increases. The lotteries have exactly one primary goal, and that's maximizing revenue for the state(s). By adv
Feb 21, 2016, 9:36 pm - KY Floyd - Lottery Discussion Forum

How are annuities created and paid?Reply
I'm wondering, if the stock market crashes is there the possibility of losing your annuity?
Feb 20, 2016, 1:45 pm - LiveInGreenBay - Lottery Discussion Forum

How soon till the next $ Billion $ Jackpot?Reply
sounds like at that point everyone will want to select the annuity option.
Jan 28, 2016, 10:01 pm - maximumfun - Lottery Discussion Forum

Would you support a cooling-off period?Reply
Take the annuity, you will have 30 years to cool off.
Jan 17, 2016, 3:06 pm - sirbrad - Lottery Discussion Forum

Mark Cuban's Advice to WinnerReply
Don't take the annuity. Just take the lump sum and buy your own annuity if you're worried about it.
Jan 13, 2016, 7:29 pm - Masone - Lottery Discussion Forum

Powerplay For PowerballReply
would it be the same with the annuity and the cash lump sum payment?
Jan 13, 2016, 5:48 pm - Last 09son - Lottery Discussion Forum