Search

MASS MegabucksReply
I think massachusette has finally woken up and realized that a cash option is necessary to any multi-million dollar game. i think the bigger question will be if it will have an annuity option.
Jul 7, 2004, 8:49 pm - DoctorEw220 - Lottery Discussion Forum

Inheritance of annuity payments??Reply
Gambler77,As to the answer to your question. What everybody has said is correct. Remaining annuity payments go to the estate of the winner upon his or her death. Most state lottery web sites address this.I see that you are new here. You will find that many topics here don't always stay on point. Many times a thread will drift off and go onto a different topic so don't be surprised if it happens.
Jul 5, 2004, 9:37 pm - whodeani - Lottery Discussion Forum

Inheritance of annuity payments??Reply
Goes to the designated heirs as specified under the will of the deceased individual. The annuity is the property of the individual.That is the info that I know of for lottery annuities.
Jul 5, 2004, 12:13 pm - JAP69 - Lottery Discussion Forum

Probability of a rollover in PB and MMReply
I'm surprised the lottery didn't rise past $290 million annuity. The public must be getting jaded. If the lottery HAS NOT in fact so risen, there is now 45 minutes before the drawing, apparently a very decent chance of a rollover. Having (a) winner(s) is more probable, but there is still a very good chance at yet another rollover.
Jul 2, 2004, 10:15 pm - prob987 - Jackpot Games Forum

annuity is the way to goReply
In my opinion if I was ever lucky enough to win I would choose the annuity because I am 28 years old and like the stablity of an annual payment. I am sure as I get older my views will change to just taking the cash option once I pass a certain age.
Jun 30, 2004, 10:28 pm - weshar75 - Lottery Discussion Forum

MASS Megabucks
In addition to Mass Millions being replaced by a game called Cash Winfall, the Massachusetts Lottery is planning to revamp its Megabucks (currently 6/42 and still annuity-only) this year. No details yet AFAIK.
Jun 28, 2004, 5:33 pm - CASH Only - Lottery Discussion Forum

Annunity versus lump-sum paymentReply
Why not take the lump sum payment and then purchase a small annuity in an amount that you would feel secure with knowing that if you did make some mistakes along the way at least you are not going to end up broke?
Jun 27, 2004, 9:28 pm - rabbitfoot - Lottery Discussion Forum

Probability of a rollover in PB and MMReply
The Megamillions jackpot rolled over on 06/18/04 and the annuity valued jackpot has risen from 177 million to 210 million. The cash jackpot has risen from 100 million to 119.1 million. Estimated sales will thus be around 60.3 million according to the lottery. This suggests that the probability of the lottery rolling over again will be 60.0%. The probability of a single winner will be around 28.55%, of two winners, 6.4%, of three winners, 0.95% and of four winners, 0.11% and of five winners,
Jun 26, 2004, 2:21 am - prob987 - Jackpot Games Forum

Probability of a rollover in PB and MMReply
The Megamillions jackpot rolled over on 06/18/04 and the annuity valued jackpot has risen from 150 million to 177 million. The cash jackpot has risen from 84.8 million to 100 million. Estimated sales will thus be around 48 million. This suggests that the probability of the lottery rolling over again will be 70.1%. The probability of a single winner will be around 24.9%, of two winners, 4.4%, of three winners, 0.52% and of four winners, 0.045%.Good luck.
Jun 23, 2004, 11:33 pm - prob987 - Jackpot Games Forum

Annunity versus lump-sum paymentReply
I would take the annuity payments if I won Mega Millions or Powerball because, as ChaosTheory said, many lottery winners go through their winnings in only a few years. Really, who needs more than $150,000 a year?
Jun 23, 2004, 6:19 pm - ryanm - Lottery Discussion Forum