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Lottery winners question Calif. Mega Millions prizes
The CA payouts are not the only thing about MM that's not the same in all 12 states. Texas has the Megaplier, and of course NY and Texas (if not also NJ) require the cash/annuity choice when you PLAY.
Apr 25, 2006, 3:59 pm - CASH Only - Lottery News
bringing up past topics for new members
Depends how old the topic is. Sometimes it's still in the first three pages and NOT ok. If it's not a recent topic then it's ok. Otherwise new people couldn't talk about those perennial topics like cash vs annuity or are all lottery winners stupid .
Apr 24, 2006, 1:30 pm - dvdiva - Lottery Discussion Forum
Texas Scratch Offs with No Top Prizes
I presume Debt for Life is an annuity-only game. NY has FOUR such games, as well as a number of phony million-dollar scratches.
Apr 23, 2006, 1:32 pm - CASH Only - Instant ("Scratch-Off") Games Forum
13 State Employees to Share $224 Million Powerball Lottery Jackpot
Jim: We don't disagree with actions taken, you do. I'm not convinced that Powerball's increasing annuity is necessarily a bad thing, as many people have voiced. And as I've said before, an increase in number of jackpots was an actual phenomina, not just a perceived one, and the states felt they had to do something in order to protect their #1 most important game.
Apr 21, 2006, 11:23 am - Todd - Lottery News
60-day clock (cash v annuity)
MA Megabucks is the only jackpot game that remains annuity-only. OR Lose for Life and PA Unlucky for Life do not have a cash option. As for GA-KY-VA Lose for Life, only VA offers a cash option, according to www.valottery.com , but for weeks there has been no mention on the site of the $520,000 lump sum.
Apr 20, 2006, 2:33 pm - CASH Only - Jackpot Games Forum
Powerball Back-to-Back Jackpots Set Record
Actually, the higher the interest rate, the LOWER the cash percentage. If a lottery does a poor job of investing the money, the the cash percentage goes UP. Assume that a lottery can only earn ZERO percent on the cash. Then what is the cash percentage? With zero earnings, the cash amount and the annuity amount are the same and the cash percentage is 100%.
Apr 19, 2006, 7:23 pm - chuck32 - Lottery News
Winning Mega Millions lottery ticket sold in Cincinnati
If you think annuity would be better, than you probably are not taking the right money management course. I hope you don't win until after you realize LUMP SUM is the way to go.
Apr 19, 2006, 5:24 pm - CASH Only - Lottery News
Winning Mega Millions lottery ticket sold in Cincinnati
The Cincinnati Enquirer (www.enquirer.com) says the ticket was bought one block from a university. I'm hoping it wasn't bought by a young student (or group) who MIGHT choose annuity.
Apr 19, 2006, 3:11 pm - CASH Only - Lottery News
$50 scratch ticket
Since 2000, when Tax-Free Million was retired, all NY million-dollar scratches have been annuity-only. NY's $10s and the one $20 are no good for that reason. Many of NY's $5s have the same problem, and we still have a $2 Lose for Life scratch.
Apr 19, 2006, 2:51 pm - CASH Only - Instant ("Scratch-Off") Games Forum
Unclaimed Jackpots
In some states, like Florida, you have only 60 days from the DRAWING in which to choose lump sum. Otherwise you are stuck with the annuity.
Apr 18, 2006, 1:01 pm - CASH Only - Lottery Discussion Forum
