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Do you think this is real?Reply
This is from the Powerball.com website, list of winners in 2013: Ocean's 16 New Jersey August 7, 2013 Cash $448,400,000.00 annuity (split Does that sound like an individual to you? http://www.powerball.com/powerball/pb_stories.asp
Mar 5, 2014, 11:33 am - Coin Toss - Lottery Discussion Forum

Oregon Lottery winner won't retireReply
It's funny how the public in general believe winning a lottery is sufficient to retire. A major source of this perception has to do with the media and this story is a prime example.The initial headline doesn't disclose anything about how much the winner won...just that he or she won and won't retire. I find it as bad as referring to Richard Lustig as winning seven lottery jackpots or that anyone who wins a one million dollar annuity or prize is an instant millionaire . They conveniently leave
Feb 26, 2014, 3:09 pm - Drenick1 - Lottery News

Why Do You Think Lottery Winners Always Take The Cash Option?Reply
Ridge and Mike are right on, as well as Coin Toss. I'll take the cash every time. At my age I'll be dead before the annuity is paid, and who is to say the government doesn't decide to take the rest in taxes, which most certainly will go up. Or they take the rest in estate taxes, inheritance taxes, whatever it might be called. The money shown in those charts regarding future payments is probably going to be way off in reality. The government is not going to be our savior as far as the ec
Feb 13, 2014, 2:16 pm - rcbbuckeye - Lottery Discussion Forum

$284 MILLION: Powerball lottery jackpot rolls againReply
POWERBALL LOTTERY JACKPOT WINNER Gloria C. Mackenzie Florida May 18, 2013. CLAIMED CASH VALUE. SHE SPENT $2 FOR THE WINNING TICKET. $590,500,000.00 annuity. $370,896,780.54 cash. FLORIDA IS HOT AS HELL, AND IT SELLS BOTH MEGA MILLIONS AND POWERBALL.
Feb 12, 2014, 2:33 pm - THRIFTY - Lottery News

Why Do You Think Lottery Winners Always Take The Cash Option?Reply
noise-gate, Well we've already seen five years worth of what not having any business or work experience does for someone running the government. I'm with rdgrnr on the question in the OP - what's not to say lottery annity payments aren't a future government grab? Or at leasr jackin up the taxes on them to make someone who took the annuity really wish they had taken the cash? The current regome doesn't look for ways to produce, actually stimulate the economy, as nauseam. All it does i
Feb 11, 2014, 5:55 pm - Coin Toss - Lottery Discussion Forum

Do you sign your tickets?Reply
It's really unfortunate that there are states such as yours that forces peoples hand like that. Good thing is there are several state reps pushing for players to have the option. If it is given clearance it would also effect multi state games as well. I don't believe it's a matter of if, but when it will happen. I remember a time when we had to pick annuity/lump sum at purchase as well and it never made sense. If anything it put folks at a disadvantage by forcing them to make a decision with
Jan 9, 2014, 6:55 am - Candlelight777 - Lottery Discussion Forum

Georgia Mega Millions jackpot winner comes forwardReply
I think i may have asked myself that very same question a million times and the only reason i can think of is because they said so. lol!! What amazes me the most are people with 20, 30, 80, 100+ million who cannot find comfort in simply knowing that they have enough cash to last themselves and their families a lifetime. Instead what do they do? They go seeking financial advice about how to make an extra $500K or another million or two and get themselves into all sort of financial products thay t
Dec 21, 2013, 12:07 pm - DDOH937 - Lottery News

Looking at that 586 million...I think I want the annunityReply
Yeah, same here. Mediabrat, there are advantages/disadvantages to either option, but as I've said before, in 30 years - IF I make it that far - I might not even remember my name, much less that I've got a huge last check coming. There's also the matter of taxes; we recently had a 4.6% increase in the top bracket and unless things start looking up, I don't see the tax rate doing anything but rising from the current 39.6%. Have a gander at the history of top bracket rates and you *might* cha
Dec 16, 2013, 10:38 pm - mikeintexas - Lottery Discussion Forum

Question? How does one deposit $550 million in the Bank?Reply
Ummmm you don't get $550,000,000 In my state.... Annuity Cash amount Wisconsin: 7.75% State Tax - $1,420,833 - $22,885,750 Your average net per year: $12,329,167 Your net payout: $198,589,250 After 30 payments: $369,875,010
Dec 14, 2013, 10:56 pm - markp1950 - Lottery Discussion Forum

Was that the official concession speech from Mega Millions?Reply
The net effect of the new Mega Millions matrix change is positive, compared to where MM has been for the past year and a half, which was in general decline. It's hard to compare individual intervals here and there, of various points in the run on a different annuity. That's kind of like looking at a something big through a straw. But looking at trends and patterns, it's clear to see that sales are up since the new matrix. Maybe not enough to save MM, but they've at least arrested the dive, an
Dec 11, 2013, 4:55 pm - Jon D - Lottery Discussion Forum