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It can happen... from broke to lots of bucksReply
Quote: Originally posted by CASH Only on December 12, 2003 If he took the annuity, then he probably was VERY foolish. I bet he doesn't feel VERY foolish regardless of how he receives his money.
Dec 12, 2003, 3:14 pm - RJOh - Lottery News

Instant ticket grand-prize lottery game still under wrapsReply
All TN lottery players take note: The rules adopted by the lottery board yesterday say in part: The CEO shall determine any prizes to be awarded and the method of payment that shall be stated in the draw procedures. (emphasis added)So....if TN doesn't give players the choice as to whether they want their jackpot prizes in a lump sum or as an annuity or allows the choice, but only at purchase and not at claiming, we all know who to blame....
Dec 4, 2003, 3:04 pm - vincejr - Lottery News

$4 million winner lays low after jackpotReply
Bunny:The point is, the winner DID NOT have a choice-Mass. continues to require almost all big winners to receive annuity payments. (Mega Millions' cash option IS available in Mass., however.)
Dec 4, 2003, 8:14 am - CASH Only - Lottery News

$4 million winner lays low after jackpotReply
Todd:Of course I am. You know how I feel about games that don't allow the winner to take the cash in lieu of the annuity.
Dec 2, 2003, 11:19 am - CASH Only - Lottery News

Powerball winners have cause for thanksReply
Cash,I think that is an option for all lotteries that allow cash option/annuity choices at claiming (as opposed to at purchase). The IRS regs say that a winner has 60 days from time of claiming to declare which they choose (or else it is assumed for taxes that they took the lump sum). And, most lotteries treat lottery partnerships/pools/etc. as groups of individual winners for IRS regs (unless they formed a legal partnership or trust, which, in that case, the partnership/trust is the actual lega
Nov 29, 2003, 7:24 pm - vincejr - Lottery News

Powerball winners have cause for thanksReply
I didn't know that EACH of the 16 women could choose between cash or the annuity. Is this Minnesota only, or all MUSL members?
Nov 28, 2003, 8:08 am - CASH Only - Lottery News

Lottery nixes man's bid to buy 7 million ticketsReply
Hey, that's pretty funny! The guy would probably just do better to invest his $10 Million, rather than to pay the lottery $10 mil for an annuity.
Nov 14, 2003, 8:08 am - Todd - Lottery News

High Court OKs Lottery Worker's ProsecutionReply
jacaesar:AFAIC the biggest form of lottery corruption is forcing big winners to receive X years of annuity payments, without the winner being allowed to take the cash value in lump sum.
Nov 5, 2003, 8:18 am - CASH Only - Lottery News

High Court OKs Lottery Worker's ProsecutionReply
Maybe some of the Lottery Officials and other officials in New Jersey should be investigated and prosecuted surrounding the June 9, 2000 winning ticket which seems obvious that they participated in a cover-up to help, Al Oliver, aka Melvin Milligan, claim my ticket by hiding the winner as if it were a Pick-6 ticket, indicateing that it was a annuity ticket, when it was a cash ticket which is chosen when purchased, and indicating that the ticket was paid May 21, 2001, when news coverage indicated
Nov 3, 2003, 2:44 pm - jacaesar - Lottery News

Bloomington couple claims Powerball jackpotReply
Perhaps a winner under 30 having to choose between 10m annuity and 5.2m cash could be swayed into the annual payments-except PB is 30 checks (tied for most of any US lottery game) if you don't choose lump sum.
Nov 3, 2003, 12:43 pm - CASH Only - Lottery News