Search

New York State might "Suspend" lottery?Reply
Best case I've heard for choosing the Lump Sum payment. Take your money and get out of there!! The way NY State Taxes and Spends the peoples money the state is near bankrupt. Not to mention the spending in Washington DC...... So even if the state gov't can afford your annuity payments ...with the inflation your money isn't going to be worth jack in 20-25 years. Call me crazy but I'm going to have an emergency bunker for when/if this country goes bankrupt and people are going nuts....... Get a sa
Jun 10, 2010, 9:52 pm - petergrfn - Lottery Discussion Forum

Country Music Titles Meet The LotteryReply
When I Opted For The Annuity I Had No Idea Obama Would Want The Entire Annual Check As A Gratuity I Stayed So Anonymnous That Now I Don't Know How I Am
May 31, 2010, 2:23 pm - Coin Toss - Lottery Discussion Forum

Annuity or Cash??Reply
At my age it's cash, cash, cash. On the Tx lottery website, when it's a Texas winner, it says whether they took cash or annuity.
May 4, 2010, 9:32 pm - rcbbuckeye - Jackpot Games Forum

Lottery Winner's Plans? Paying the BillsReply
An annuity is the smart thing to do if you can depend on it. But what if something happens that make what you have in place no longer exists. I know that sounds crazy but it can happen. Thats the reason I would get cash. Give me my money now.That's my story and I'm sticking with it.
Apr 24, 2010, 11:06 pm - Tenaj - Lottery News

Lottery Winner's Plans? Paying the BillsReply
The other story said that Natasha Woody sold the ticket to him and that he said to her that if he won he would give her $2 million. Here in Tx, once the tic is printed you can't cancel it, and we have to decide on cash option or annuity at the time of purchase.
Apr 24, 2010, 9:28 am - rcbbuckeye - Lottery News

Lottery Winner's Plans? Paying the BillsReply
Congratulations and the very best wishes to the winner! That being said, I must protest the recommendations of many on this board that he take the annuity. While that might seem the safe option, particularly for the financially unsophisticated, in truth, it is a guaranteed loser. As you may remember, the annuity option is the present value of the prize invested in a ladder of dollar denominated US Treasury Securities. At the moment, the Dollar is doing relatively well, but that's because t
Apr 23, 2010, 4:50 pm - stargazr - Lottery News

Powerball jackpot seems very inflated.Reply
This has been explained so many times. 2 different games. You need to stop thinking Powerball's cash option is lower and start thinking Powerball's annuity is higher .
Apr 20, 2010, 2:10 pm - Guru101 - Jackpot Games Forum

Multi-state lottery jackpots offer multiple $100M+ chancesReply
Woo Hoo! $101.6 Million Cash ... I don't care how much the annuity is .... cold hard cash that can be used to purchase tangible income producing assests is great! Time to buy the ticket!
Apr 15, 2010, 7:31 am - dpoly1 - Lottery News

California woman, 77, wins $37M lottery with Quick PicksReply
And take a 30 year annuity! She will be 107 when she collects her last check.... :-) MarkP
Apr 6, 2010, 7:16 pm - markp1950 - Lottery News

Winning the Jackpot and taxes.Reply
If one takes the annuity, is it a resonable fear that the government will loose your money or not give it to you? In the current environment I would say it is a very reasonable fear. We now have the most unstable, inexperienced, undisciplined, irresponsible government in our nation's history. I wouldn't trust them in the outhouse with a muzzle on. Take the cash and run.
Mar 2, 2010, 8:05 am - rdgrnr - Lottery Discussion Forum