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Weeks from losing house, couple wins $7M lottery jackpotReply
In these uncertain times, the annuity looks better and better..
Dec 29, 2009, 10:04 am - Littleoldlady - Lottery News

$333 MILLION: Mega Millions lottery jackpot increasedReply
Does the California winner get an annuity or an IOU?
Aug 29, 2009, 1:52 am - LottoL - Lottery News

$325 MILLION: Mega Millions lottery jackpot rolls againReply
So again :take cash ot annuity?
Aug 26, 2009, 4:34 pm - lacay - Lottery News

Cash Option vs AnnuityReply
Yeah this topic certainly does come up a lot. Taxes will not take that much of it in most states and even if it did, within 25 years (with the MM annuity) you could easily still exceed the annuity with extremely safe, low risk and possibly tax-free investments, if not tax free then at the very least incur less tax than you will with the annuity payments which would be taxed in the highest bracket which will soon rise. Oh and it's a good idea to hire a tax attorney, you could actually end u
Aug 20, 2009, 3:58 pm - DC81 - Lottery Discussion Forum

Cash Option vs AnnuityReply
annuity would be the route I would take...
Aug 19, 2009, 1:32 pm - JordanT1021 - Lottery Discussion Forum

Lottery ticket bought in Queens hits $133M Mega Millions jackpotReply
Never - ever - take an annuity !
Jul 9, 2009, 4:31 pm - dpoly1 - Lottery News

Something stinks with PowerballReply
Have you sent him the dunce cap yet, or is it permanently attached to your head? For anyone with a clue the information was all in Coin Toss' explanation but since that wasn't enough for you, I'll try to spell it out even more thoroughly. Different lotteries pay their annuities on different schedules. Annuities earn interest. That means that how much the annuity pays is related to the interest rate, and how long the annuity earns interest. At the same interest rate an annuity that is paid out
Jul 2, 2009, 11:47 am - KY Floyd - Jackpot Games Forum

I love it when PB jackpots get hit frequentlyReply
I'm referring to the house winning when someone chooses the lump sum over the annuity.
Jun 30, 2009, 1:47 pm - DC81 - Jackpot Games Forum

Cash option and taxesReply
An annuity might be safer,but most people believe they can get a better return on their money if they were to invest it themselves.Age has a lot to do with not choosing an annuity,too.An annuity might be great for someone in their 20's,30's or younger 40's,but as you age it makes less since.At my age,late 50's,I seriously doubt if I have another 25-30 years of life left in me.I'll take the cash option when I win.
Apr 23, 2009, 2:46 pm - MaddMike51 - Lottery Discussion Forum

Early talks for a joint Powerball-British lottery gameReply
If they keep printing money that could be the cash prize not the annuity value.
Feb 23, 2009, 2:36 am - dvdiva - Lottery News