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cash vs. annuity
Todd yes they do make interest off the money. The cash isn't stored in a safe, it's in a bank in an interest bearing account. You take annuity they get interest of that which they haven't paid out to you. Why do you think they payout over 20-30years instead of 48 months or 5 years? That is a fact.
Jun 3, 2005, 12:21 am - swaa - Lottery Discussion Forum

Powerball lottery to implement changes
If they really want to make a change, they would pay me the full amount I played for on the ticket and if I chose to take a lump sum instead of annuity payments the taxes would be taken out of the portion they kept, not my half. Now, that's what I would call a change. But that's just me... Bryan :)
Jun 2, 2005, 1:27 am - Bryan - Lottery News

Powerball lottery to implement changes
I'm looking forward to the changes. I do wish they had also reduced the years for the annuity option to match what MegaMillions is. It would mean a higher cash option!
Jun 1, 2005, 9:42 pm - wizeguy - Lottery News

Boise man claims $220.3 million lottery jackpot
The lucky young man has not made the decision to take the cash or annuity.Yes, Jack was stupid. He was stupid for having $500,000 in cash with him at all times. He told strangers he had it with him. So-called friends and crooks are everywhere and they will take advantage of this kind of situation. The man is lucky to be alive.
Jun 1, 2005, 1:55 pm - Ineed2win - Lottery News

mm-$106 million for 6-3-04
Damn. Mega Millions is getting above the $100 million mark so many times it's boring! Why can't they have a lucky streak of winners like Powerball had? Any chance of that happening will be nil after California joins later this month unfortunately. When that happens, I will only play Mega Millions if its annuity jackpot is at least triple Powerball's, and their jackpots will have to be at least $150 million for two tickets (instead of $75 million) and $300 million for three tickets (instead
Jun 1, 2005, 11:13 am - ryanm - Jackpot Games Forum

One Idaho lottery ticket wins $220.3 million Powerball jackpot
Ms Hiatt hit Powerball when it was annuity-only. If this ticket holder makes the wrong choice, it would be the largest US lottery prize to not be paid in cash.
May 31, 2005, 4:33 pm - CASH Only - Lottery News

My thoughts on the 'Blue Game' proposal
Very good point about the cash option being cheated at only 50% of the annuity.I'm still hung up on the $2 price myself. IMHO, If I want to spend $2, I'd rather buy two tickets.
May 26, 2005, 10:34 pm - Todd - Lottery Discussion Forum

cash vs. annuity
I think I read somewhere that someone did do this. But an annuity isn't just for people who can't handle money. A pre-tax investment is hard to beat. Which would you rather invest?$102,200,000 or $69,496,000?
May 22, 2005, 12:25 pm - Thomas Covenant - Lottery Discussion Forum

New Hamshire budget closely linked to lottery luck
And speaking of Tri-State Megabucks, there was a winner of only $700,000 annuity value last Wednesday. Could TSM be making a comeback sales-wise?
May 21, 2005, 9:14 pm - JimmySand9 - Lottery News

Lotto South can be a giant
That's why I like the Massachusetts lottery, there's something for everybody. Cash, annuity, big pick-6, little pick-6, pick-5, pick 1-4, Mega Millions, Keno. Variety, it's something more lotteries should look into.
May 19, 2005, 2:07 pm - JimmySand9 - Jackpot Games Forum