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MEGA MILLIONS JACKPOT SOARS TO $636 MILLION
I saw the drawing live and they stated it was $636 Million the annuity value .
Dec 17, 2013, 11:23 pm - Win$500Quick - Lottery News
Looking at that 586 million...I think I want the annunity
Mathematically and strategically speaking, choosing the cash option is always better than the annuity option.
Dec 17, 2013, 5:29 pm - EZMoney - Lottery Discussion Forum
MEGA MILLIONS JACKPOT SOARS TO $636 MILLION
Annuity or Cash payout?
Dec 17, 2013, 4:42 pm - BBLL - Lottery News
$344 MILLION: Mega Millions lottery jackpot skyrockets
I would probably consider annuity if it was $1 billion or more, just because I don't have one foot in the grave yet
Otherwise cash for the following reasons:
1) Regarding taxation, lump sum penalizes about half a percent versus annuity but that is under current rates only. Taxes are more likely to go up than down in the future, so it would be better to pay up now and never have to pay again (other than on interest, investments etc) rather than risk a higher rate down the road.
2) Say y
Dec 7, 2013, 11:22 pm - LottoMetro - Lottery News
$344 MILLION: Mega Millions lottery jackpot skyrockets
If it gets to $900 million plus, would you opt for annuity or cash payout????
Dec 7, 2013, 9:54 am - DDOH937 - Lottery News
$344 MILLION: Mega Millions lottery jackpot skyrockets
the annuity part sounds good to me
Dec 7, 2013, 9:52 am - helpmewin - Lottery News
MM going to 30 year annuity
The cash payout is more valuable when interest rates are low but rising or expected to rise. You will get a larger cash payout because it takes more cash to fund the annuity and the prize you receive is the equivalent of what it costs them to purchase the annuity. When interest rates are high but falling or expected to fall, it is better to take the annuity because the cash payout will be lower.
Oct 12, 2013, 2:24 pm - EdG1955 - Lottery Discussion Forum
MM going to 30 year annuity
Powerball is a 30 year annuity as well.
Oct 12, 2013, 7:58 am - BuyLow - Lottery Discussion Forum
Avoiding State tax on Megamillions winnings.
You have to choose cash or annuity within a fixed time (60 days?) so waiting 6+ months to claim means you will only have the annuity option. But if taxes are your main concern, taking the annuity and then moving to an income tax-free state would mean you only paid state tax on the first payment.
Oct 2, 2013, 1:09 am - EdG1955 - Lottery Discussion Forum
Do you see yourself broke in 10 years should you win a jackpot worth $40 million?
i like that annuity idea
Sep 12, 2013, 4:36 pm - helpmewin - Lottery Discussion Forum
