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If in the future there was a $1 BILLION Mega Millions or Powerball Jackpot..Reply
From the advertised jackpot, you can figure that minus annuity, minus taxes, you keep about 1/3 of that. So from a few hundred million, if you waste it on a bunch of houses in the 30-50M range, multiple 1M+ parties, gambling, vice, etc., you pretty much spent it all. Then the recurring expenses eat you up. Among the super rich, a few hundred mil ain't a lot. If you try to live like a billionaire when you are not, you have only yourself to blame.
Apr 24, 2013, 10:49 pm - Jon D - Lottery Discussion Forum

Today is MMReply
103 Million Annuity 77.9 Million Cash Value
Apr 24, 2013, 12:48 am - Original Bey - Lottery Discussion Forum

Annuity or Lump Sum?Reply
I just realized that was my first post, I've been lurking for a while lol And for the married folk out there would you consider that option of one spouse picking lump and you pick the other option or vise versa? To have something RIGHT now and also having the annuity pmts coming in?
Apr 21, 2013, 4:20 pm - Hallfamily8 - Lottery Discussion Forum

Annuity or Lump Sum?Reply
Honestly I'd prob just go for the lump sum. Hey I seen a married couple on lottery changed my life, they split the ticket one got the annuity option the other lump sum. Didnt they pay more in taxes by doing it that way?
Apr 21, 2013, 4:13 pm - Hallfamily8 - Lottery Discussion Forum

Annuity or Lump Sum?Reply
Anything below 50K per year, I would take the lump sum. Above that, it's a tough call. If I win $10 CA Set for Life, 260K per year for 25 years or 3,750,000 lump sum, I would most likely choose the annuity. But if I win $2 CA SFL, 52K per year for 25 years or 750K lump sum, that's right at the border and I don't know which one to choose.
Apr 21, 2013, 4:02 pm - redhot7 - Lottery Discussion Forum

Litigation Proofing your lottery poolReply
If the annuity value was around 100m when the pool won, divide that into 42 after state and federal taxes and what's left? Enough for a 30 day European vacation? Maybe new tires for the pick up truck on top of that? I think if the dollars are stretched the pool can go out for a celebratory dinner. If that's life-changing then go for broke!
Apr 17, 2013, 6:12 pm - Original Bey - Lottery Discussion Forum

if PB/ MM changed its policy from CASH to ANNUITY going forward- would that sit well with you?Reply
if PB/ MM changed its policy from CASH to ANNUITY going forward- would that sit well with you? that's Fine with me/whatever they want to do.
Apr 17, 2013, 12:25 pm - helpmewin - Lottery Discussion Forum

Woman wins $40M, not $40K, sparking wild celebrationsReply
Hey I believe in rejoicing with people not rolling my eyes in disgust wishing they would fail. I am truly happy for this family. I hope they take self defense courses buy a lot of firearms and get superb firearms training as well. Thank God for the 2nd Amendment. For the people that may try to invade their homes and cars at gun point to rob them. I get why the lottery dont want people to remain anonymous,but I dont like it! when I win I am wearing a disguise and I wont purchase things in my bir
Apr 11, 2013, 9:55 am - miracleplay5 - Lottery News

Cali Powerball players: How much wagering for first draw?Reply
For 23.3M cash after taxes, it would take 22 to 23 years before the accumulated annuity prizes reach that level. Hmmm!
Apr 9, 2013, 4:41 pm - redhot7 - Lottery Discussion Forum

So how come MM cash values are always considerably closer to their annunity than PBReply
as a side note I always thought the PB annuity was a raw deal. I need more money NOW than in 30 years. Looks like they could do 25% up front then a flat rate for a set number of years. Just my ponderings....
Apr 4, 2013, 11:27 am - Lucky4Life - Lottery Discussion Forum