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$363 MILLION: Mega Millions lottery jackpot raised due to heavy salesReply
$476 mil.... that's an annuity of $12 million AFTER taxes (going by USA Mega's jackpot analysis page)... yeah, you know it's out of control when even ONE YEAR'S PAYMENT is more money than I could ever imagine spending in a lifetime... but it's the kind of out of control that each and every one of us dreams of... Now we just have to get through the rest of the week...
Mar 28, 2012, 1:03 am - mediabrat - Lottery News

$363 MILLION: Mega Millions lottery jackpot raised due to heavy salesReply
Annuity for me in Ohio would be just over 9.6 million a year after taxes. Just crazy, sick money... I'd be very tempted to do this, but if enough 'experts' said otherwise, I'd take their advice under consideration.
Mar 27, 2012, 2:09 pm - Arrowhead - Lottery News

$363 MILLION: Mega Millions lottery jackpot raised due to heavy salesReply
Yes it would, and would be tempting. You should never put all your eggs in one basket or you could lose them all. Plus I don't want the hassle of spreading it all out everywhere and having to make my life watching people, and books trying to keep track of it all. I have spent many years studying finance and lottery preparation books and other material, so I know what is best in my situation. Even a CD would be more than enough for me, and if you take an annuity and something did happen at least
Mar 27, 2012, 1:58 pm - sirbrad - Lottery News

$363 MILLION: Mega Millions lottery jackpot raised due to heavy salesReply
I totally get where you're coming from. I'd seriously consider the annuity as well, after seeing what estate/tax attorneys/advisors have to say about it. $180 million (in my case, Ohio resident) coming at you all at once definitely would be intimidating.
Mar 27, 2012, 1:28 pm - Arrowhead - Lottery News

$363 MILLION: Mega Millions lottery jackpot raised due to heavy salesReply
Hasn't happened yet, but I have seen many wise investments fall through. With that much money I would be set for life afer 2 years and then some. You think I care about returns with that amount? No. I could put a year's worth in my huge vault in the house and still be set for life. Retruns are a hassle, also risky, and usually taxed. I would never spend this much money in many lifetimes. Sitting back and collecting the annuity is by far the best option for me. After $5 million the rest is bonus
Mar 27, 2012, 1:20 pm - sirbrad - Lottery News

$363 MILLION: Mega Millions lottery jackpot raised due to heavy salesReply
Have to agree with you 100% Jill...........There are folks on here that just think the annuity is a better deal....lol.....Maybe for them and their spending habits it is.....For me, its about getting/giving large amounts NOW and getting rid of those pesky taxes NOW. The future is too uncertain for me when it comes to taxes(Fed State) on this kind of cash....I will take odds that the tax rate in 2020-2035 ain't going to be this low ....I could be wrong.....I point to the list of both Powerball an
Mar 27, 2012, 10:07 am - CDanaT - Lottery News

Cash Vs Annuity PaymentsReply
I can see your point regarding an annuity at your age but if (when) America loses reserve status the American dollar could stand to lose much or all of it's value as we know it ( otherwise known as butt wipe ). This scenario certainly makes a good case for investing some of it in gold/silver.
Mar 25, 2012, 9:25 pm - meetoo - Lottery Discussion Forum

Clarence Jackson/Lucke or Unlucke win 5.8 million lotteryReply
But I think the difference for unclaimed property, is that it was already designated your property (or a relative's) to begin with....mutual funds or an uncashed check you forgot about that was already in your name or a relative's name. In Clarence's case, the money was never officially triggered as his at any point until he claimed it (when you set up a savings account, you have to set it up, show ID, etc....you cannot claim money until you trigger that process). Now if he would have been valid
Mar 25, 2012, 10:07 am - Artist77 - Lottery Discussion Forum

Maddogs Mega Millions Challenge 3/23Reply
No one got it. Annuity: 356 million Cash: 255.1 million
Mar 24, 2012, 1:00 am - Masone - Jackpot Games Forum

Powerball Won Again... Already?Reply
The Powerball is not coming out of the minimum jackpot range. It is a matter of time before they go back to $1. They are losing money by having the jackpot won before it gets to $100M annuity. The powerball executives have to be mad as hell. The Mega millions jackpot is $290M, Powerball can't be selling enough combinations to be won so early when the MM is so high.
Mar 22, 2012, 8:39 am - THRIFTY - Lottery Discussion Forum