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Annuity or Cash ValueReply
That is a very reasonable explanation. Another key consideration would be taxes and the ability to lock the current tax rate when you go with the cash option. Politicians may not necessarily raise taxes for all, but there is a hight chance that 15 years from now the direction would be to tax those in higher income brackets more. The way the annuity is structured, you earn more in the later years, so that becomes a real risk. Thank you for all your very valid points
May 14, 2026, 9:41 pm - JustMaybe - Lottery Discussion Forum

Secrets of a lottery lawyer-Kurt Panouses interviewReply
Conspiracy anyone? Any statistics on the number of years these people live after the win? Are there any mysterious passings? Can you imagine being whacked by a private contractor getting paid a percentage of the annuity to take it off of the Books after 20 years?
May 4, 2026, 1:25 pm - AllenB - Lottery Discussion Forum

US Powerball multi-state lottery game expanding to the UKReply
That definitely applies to the lesser prizes which are all funded by UK sales. But there is an issue with the jackpot where funds are mingled... It is likely that it will be paid out tax free.... because UK isn't USA.. But not sure how the US will get its tax.. Even nonresident aliens have to pay 30%. Maybe the tax free' is why it is only being paid as an annuity.
Apr 15, 2026, 3:51 am - kao1632 - Lottery News

US Powerball multi-state lottery game expanding to the UKReply
My assumption.. Likely operate similarly to California .. Prizes less than the jackpot. Because they are UK, won't be taxed at payout (tax collected at point of sale). No federal tax because effectively UK lottery . Jackpots.. Because they are pooled... and payed out only as an annuity.... not sure...
Apr 15, 2026, 12:46 am - kao1632 - Lottery News

Final Cash4Life and Lucky for Life drawings taking place SaturdayReply
No. It would be half. Lottery games that advertise $18 million jackpot normally cheat you out of 50% of that by saying well, it's $1 million/year for 18 years , and if you want a lump sum payment, you get $9 million. With Millionaire 4 life, the lump sum really is $18 million, and if you prefer an annuity, it pays you for life with a minimum of 20 years.
Feb 21, 2026, 7:12 pm - Tucker Black - Lottery News

Millionaire for Life multi-state lottery game to replace Cash4Life and Lucky for Life in FebruaryReply
You make good points, but everyone's situation is different. In my current situation, I'd take the lump sum and invest it. If something happens to me, I want my wife to be well provided for permanently, not just for the duration of the annuity. If I was single, I'd take the annual payments since it would only be me to worry about. For the annual payments, I'd take a certain amount to live on and place the rest in investments and savings. The $5 MegaMillions supposedly hasn't done so we
Jan 26, 2026, 12:53 pm - PrisonerSix - Lottery News

Millionaire for Life multi-state lottery game to replace Cash4Life and Lucky for Life in FebruaryReply
It doesn't matter which option the winners choose. The top prize is split among all winners. Two winners means they can choose between $500,000/year or $9 million lump sum. The second prize is not pari-mutuel unless 21 or more win it. https://millionaire-for-life.com/cash-vs-annuity With daily drawings, this is pretty unlikely, unless the game gets very popular.
Jan 26, 2026, 12:27 pm - Tucker Black - Lottery News

"I can't believe it!" North Carolina man hugs store clerk after winning $2 million prizeReply
You have a good point. However, the time is shorter when the payments are all equal. But with the way PB and MM annuity are determined, increasing every year and more towards the last five years, you would need around 19 to 20 years to get to the present lump sum value option. In those 19 to 20 years the lump sum would have grown exponentially
Jan 14, 2026, 10:34 pm - JustMaybe - Lottery News

would you rather win 1, 10, 50, 100, or 500 million $Reply
$1 million That's enough for me to live comfortably while continuing to work. Early retirement sounds boring unless it's a massive amount of money, and that brings problems. I bought tickets for the $2 billion (really $1 billion with the stupid 50% annuity haircut) for Powerball only because it was a player's advantage. It didn't work out because of the massive variance, which I was expecting. But it was fun to imagine what I would do with $600 million after tax. The starting jackpot
Jan 9, 2026, 10:29 am - Tucker Black - Lottery Discussion Forum

Mega Millions and Powerball RaceReply
MM was unlucky in that, for their highest jackpot annuity win of $980 million, there was an 8% chance someone would win (based on number of tickets sold since the previous drawing), and someone did win. The same thing happened in the two previous jackpot wins since the rule change, and MM was even more unlucky in that they sold fewer tickets and someone won it. With slow ticket sales and outrageous odds of winning, on average the number of rollovers will be much higher.
Dec 28, 2025, 5:48 pm - Tucker Black - Lottery Discussion Forum