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60-day clock (cash v annuity)
Almost all states (NY and Texas are the major exceptions) have a 60-day window in which to choose cash, after which you are stuck with the annuity. In most cases the 60 days start with the claim; elsewhere (eg Florida) the clock starts with the drawing. Unfortunately, not all games with a top prize paid over time have the cash option.
Apr 20, 2006, 2:17 pm - CASH Only - Jackpot Games Forum

Powerball Annuity Makes Good SenseReply
The annuity only makes sense to the crack addled, marketers and companies selling annuities. Death would force the sale of the annuity, kids or others would be hit with gift taxes or other taxes making the tax bill very large. The annuity is also an excuse not to offer something valuable like cash.
Apr 19, 2006, 11:12 pm - dvdiva - Jackpot Games Forum

One $220M Powerball winner in MissouriReply
$224.2 million in annuity money I do not know what the cash is.-weshar75
Apr 13, 2006, 12:47 am - weshar75 - Jackpot Games Forum

Winning a lottery jackpot can't guarantee happinessReply
Mr Post had the misfortune of winning an annuity-only jackpot.
Apr 9, 2006, 1:32 pm - CASH Only - Lottery News

Powerball vs Mega Millions.Reply
Also, the PB annuity is graduated -the payments increase by 4% yearly.
Apr 8, 2006, 3:34 pm - CASH Only - Lottery Discussion Forum

Powerball now behind on cashReply
Yeah, maybe if players stopped paying attention to the annuity values and actually PLANNED on how to invest their money, all lotteries will drop the annuity crap, or at least Powerball's capped jackpots will apply to cash value instead of annuity (I actually suggested that to the MUSL but they said that while it is more logical to apply the cap to the cash they'd have too difficult a time explaining it to the players, many of whom are stupid enough to believe the cash value is the advertised jac
Apr 6, 2006, 12:16 pm - ryanm - Jackpot Games Forum

go PBReply
Quote: Originally posted by ryanm on April 2, 2006Unfortunately Powerball's cash jackpot is 46.2% of the annuity. Mega Millions' dropped as well to 57.1%. Instead of Powerball's current cap rule on annuity jackpots, they should instead cap the CASH JACKPOTS and let them increase a maximum of $12.5 million per roll or something due to fluctuating interest rates affecting the size of the annuity, or at least increase the maximum annuity rollovers to $50 million or something. If the curren
Apr 5, 2006, 12:38 pm - ryanm - Lottery Discussion Forum

Probability of a Rollover in Powerball.Reply
I wish Powerball would increase their maximum annuity rollovers to at least $40 million whenever it hits a record to accomodate the backloaded annuity.
Apr 3, 2006, 8:13 pm - ryanm - Jackpot Games Forum

Oregon's New GameReply
Face it Cash Only, deep down inside you really want a lifeime annuity.
Apr 2, 2006, 1:45 am - dvdiva - Lottery Discussion Forum

go PBReply
Unfortunately Powerball's cash jackpot is 46.2% of the annuity. Mega Millions' dropped as well to 57.1%. Instead of Powerball's current cap rule on annuity jackpots, they should instead cap the CASH JACKPOTS and let them increase a maximum of $12.5 million per roll or something due to fluctuating interest rates affecting the size of the annuity, or at least increase the maximum annuity rollovers to $50 million or something. If the current ratio holds, the cash value at the $390 million
Apr 2, 2006, 1:12 am - ryanm - Lottery Discussion Forum