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And the WINNER is...
2nd largest annuity/2nd largest cash value across both games
Nov 25, 2012, 12:40 am - Original Bey - Lottery Discussion Forum
$185 MILLION: Huge Powerball lottery jackpot set for Wednesday
I doubt it, but then I kind of know the truth. Players can choose between cash or annuity. The cash is all of the money that the lottery has (a percentage of sales). The annuity is what the lottery can pay out if most of the cash is invested over time (the first payment is in cash). The lottery can invest the money BEFORE taxes - unlike the winner who pays tax and then invests the rest. Plus, the winner actually gets a contract from all of the states that guarantees payment of yearly payments. T
Nov 18, 2012, 1:34 am - chuck32 - Lottery News
ceremonial check
Did your mom choose annuity or lump sum?
Nov 16, 2012, 11:02 pm - onlymoney - Lottery Discussion Forum
So how much money??
Probably told him to take the annuity
Oct 25, 2012, 12:52 pm - Original Bey - Lottery Discussion Forum
Homeless S.C. man hits it big
Shop around for a decent annuity.
Oct 21, 2012, 7:24 pm - Ronnie316 - Lottery News
Maine couple claims $8.2M Tri-State Megabucks jackpot
I Would always seriously consider taking the annuity...
Oct 17, 2012, 5:43 am - helpmewin - Lottery News
Maine couple claims $8.2M Tri-State Megabucks jackpot
If they do a straight 50% calculation, then I would seriously consider taking the annuity. The cash value these days (with poor rates) should be in the range of 65%-75% of the annuity jackpot. You'll get a lot more value with the annuity.
Oct 13, 2012, 1:11 pm - Todd - Lottery News
Michigan railroad engineer claims $337M Powerball lottery jackpot
So true, I would give a small annuity as a gift instead of saying retire
Sep 2, 2012, 12:41 pm - Ronnie316 - Lottery News
DO you really lose money if u take the annunity over the lump sum?
You can't get the very same annuity for two reasons
One is that you won't have the very same amount of money for buying an annuity. What you can do is buy a similar annuity with the same terms, but for only 55 to 65% of the one the state offers.
The second is that it won't come with the same guarantee as the one from the state. The one from the state will be guaranteed by both the state and the company the state buys it from. If a lottery annuity had been bought from, and was guaranteed by
Aug 20, 2012, 3:24 am - KY Floyd - Lottery Discussion Forum
$320 MILLION: Powerball lottery jackpot increased before draw date
So, who's taking the annuity?
Aug 15, 2012, 8:58 pm - Arrowhead - Lottery News
