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Why Do You Think Lottery Winners Always Take The Cash Option?Reply
Yea, its all about CONTROL of ALL of the money. Not hard to beat the annuity return it offers. GIMMY THE CASH UPFRONT!!!
Feb 15, 2014, 11:37 am - kapla - Lottery Discussion Forum

Why Do You Think Lottery Winners Always Take The Cash Option?Reply
You may want to take a peek at the annuity payment schedule as it's heavily back end weighted. It would take the winner 17 years just to get a payment that exceeded $7 million. The average net per year is not relevant in either the MM or PB.
Feb 12, 2014, 2:37 pm - Jill34786 - Lottery Discussion Forum

Why Do You Think Lottery Winners Always Take The Cash Option?Reply
If I am lucky enough to win powerball or mega millions I would struggle to decide which is better when the jackpot is high like they are now. I would not want to have a big chunk of money in the bank so all my so called relatives could try and mooch off of me. But I guess that I do not see myself spending all of the powerball money or mega millions money in my lifetime. But I have lived so long off of little bit of money that millions would be a shock to me. So I would probably take the annuity
Feb 12, 2014, 12:19 am - weshar75 - Lottery Discussion Forum

Is anybody playing these Publishers Clearing house sweepstakes??Reply
The $1 million prize from PCH is an annuity that is paid out over 30 years and is heavily back end weighted. I believe the payout (before tax) is 25k per year for the first 29 years and a final balloon payment of 275k in year 30. The cash value before tax is less than 400k.
Jan 24, 2014, 10:32 am - Jill34786 - Lottery Discussion Forum

Billion dollar lottery in MarchReply
The $1 billion will be paid in 40 annual installments of $25 million. Or if you don t want to wait around that long, you can claim a lump sum payment of just half: $500 million. so I guess the big question that needs to be answered is: are you going to take the annuity or lump sum?
Jan 22, 2014, 6:26 pm - whiteballz - Lottery Discussion Forum

How sure are you that you'll win win a major jackpot?Reply
Mega millions is not generating too many jackpot winners like powerball. It is taking forever for MM to reach $100M annuity. This new matrix does not have a players base to push the jackpot higher like powerball. I did not buy the $10 New York mega millions promo. I do not win anything with it.
Jan 17, 2014, 3:25 pm - THRIFTY - Lottery Discussion Forum

is there any scenario where you take annual payments over the Lump sum?Reply
My magic number is two. If I can walk away with more than 2 million after taxes I'll take the lump sum. Less tahn 2 million, I'll take the annuity. I'd invest a good portion of the yearly pay outs and most likely still work for a few years.
Jan 13, 2014, 1:14 am - dognabit - Lottery Discussion Forum

is there any scenario where you take annual payments over the Lump sum?Reply
Them's my sentiments. I'm quite a bit older than you and I *hope* I have 30 yrs. left on this mortal coil, but I doubt it and even if I did, I expect I won't have the mental capacity to even remember that I had money coming in. Nope, I want it all now. I don't know if I could match the difference between the annuity total and what I could gain by investing the lump sum, but I'm a bird in the hand kinda guy. I just read where France is trying to pass a 90% top tax rate - who is to say that couldn
Jan 12, 2014, 11:50 pm - mikeintexas - Lottery Discussion Forum

Maddogs Mega Millions Challenge 1/10Reply
Congratulations to everyone who found a number in Friday's drawing. Tuesday's jackpot should be for a 30 million annuity or 16 million cash.
Jan 11, 2014, 6:56 pm - Apollo7 - Jackpot Games Forum

Do you sign your tickets?Reply
It'd be nice if you said it worked here how you said your lottery told you, as many would like the ability to sign their tickets and still have their options open for claiming, but I don't think it's a major issue for myself. The bigger issue is that we're the only state (I believe) that forces you to choose annuity/lump sum when you buy the ticket.
Jan 9, 2014, 1:45 am - ttech10 - Lottery Discussion Forum