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USA Mega debuts Powerball lottery annuity calculatorReply
todd:It would be TERRIBLE if the largest lottery prize in US history were to be paid through an annuity, which hasn't been the case in years. Then Jack Whittaker would have to break the new record.
Nov 1, 2005, 3:21 pm - CASH Only - Lottery News

Rumors of minor’s lottery buy unfoundedReply
diva:That would not work in a state like Florida in which winners have 60 days from the DRAWING to claim, or then they are forced to take annuity. I hope OR doesn't work that way.
Nov 1, 2005, 3:17 pm - CASH Only - Lottery News

Gang used winning Pick 4 lottery tickets to launder drug moneyReply
HAPPY TUESDAY..........NOVEMBER.....1STHEY CASH CARRY............I have an impatient heart. I feel that it's bad enough that the Board puts us thru the basic waiting period to verify the Winning Ticket, but I'd hate to think we'd have to wait several weeks thru an unnecessary background Check ..and, on top of all that, we don't even get half of what we win.Steve West will not recieve 50% of that $340,000,000.00....the Fed State taxes will, together eat up more than 50% of the original figur
Nov 1, 2005, 12:37 pm - libra926 - Lottery News

USA Mega debuts Powerball lottery annuity calculatorReply
I am a cash fanatic, I would be like Uncle Scrooge McDuck, bathing in the green bills all day. However, the calculater gives you an accurate perspective on what happens if you choose the annuity option. It always helps to see both sides, even if the other side has no idea of what they are talking about.
Nov 1, 2005, 10:58 am - Chewie - Lottery News

Who and How do you Invest your WinningsReply
CDARS = FDIC insured up to $20-millon are Cds spread across as many banks as you need to cover your bankroll using just one banking source. That would be my first choice. Info can be found at http://www.cdars.com . Chances are, that banking source trust dept. can handle all your trust needs too.Next, I would purchase an annuity or two to keep myself from ever ending up broke.From that point on, it's your ball game!
Oct 31, 2005, 8:35 pm - rabbitfoot - Lottery Discussion Forum

USA Mega debuts Powerball lottery annuity calculatorReply
I don't have to play with the calculator. I'm taking the cash. The new PB annuity should further encourage winners to choose lump sum.
Oct 31, 2005, 7:11 pm - CASH Only - Lottery News

Probability of a MegaMillions rollover.Reply
Watch the local news. If they talk about the annuity number longer then 3-seconds, there will be a hit. If I had the time and the money, I would ask each player I saw if it was their first time. If they said yes, I would buy the same number. That would be playing the probabilities.
Oct 31, 2005, 3:43 pm - Chewie - Jackpot Games Forum

Oregon businessman has record Powerball lottery ticketReply
Chewie:Somebody who chooses annuity might end up paying more in taxes than if they took the lump sum, especially if they live in a state like NJ that doesn't CURRENTLY tax lottery winnings.
Oct 30, 2005, 1:15 pm - CASH Only - Lottery News

Probability of a Rollover in Powerball.Reply
The powerball has rolled over and the new estimated cash jackpot is $17.2. The (inflated) annuity value is $36M. The previous cash jackpot was, based on sales, almost $13.1M. The lottery apparently anticipates selling about 13.7M tickets. The probabilities of various numbers of winners is roughly given as follows. 091.05%18.54%20.40%30.01%
Oct 30, 2005, 10:43 am - Prob988 - Jackpot Games Forum

NY King Kong Millions online gameReply
I don't know yet how the numbers will be drawn. NY doesn't use computers except for Quick Draw. If a computer is used for KKM, I could see the draw rigged so that the grand prize is won by a 26 annual payments ticket, since KKM players will have to choose in advance cash or annuity.
Oct 27, 2005, 4:18 pm - CASH Only - Jackpot Games Forum