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Powerball vs. Mega Millions...its a race!Reply
i was wondering if anyone else noticed this too......i have been watching it since the race started. I favor MM.......I know that MM cash option makes PB cash look like chump change....lol Could you imagine what PB annuity would look like if it didn't have graduated payments? It would really be struggling. Now could you imagine what MM current jackpot would be if it were on a graduated payment plan? I think it would be somewhere around 220mill right now. MM still has a few cards stashed aw
Feb 27, 2009, 1:21 am - chasingadream - Jackpot Games Forum

Mega Millions lottery jackpot rolls to $120 millionReply
Me and my husband wouldn't have a problem saying NO. When we have our Big Win we will have our financial advisor set up a limited liabiltiy Corp. investment group named xyzou. This way no body will know we won the lottery except for one or two people we tell. But they would be a part of this so they wouldn't be telling everyone any way. I would take the cash so I could have the investor invest it the way I see fit. The lottery puts the money in government bonds that are secure I could do th
Feb 21, 2009, 12:58 pm - LottoLin - Lottery News

Piqua lottery winners sued by co-workersReply
Seems to me the best way to address this issue of pool carryovers from small wins would be to include in your rules that wins under $X will be donated to Y 501(c)(3) non-profit charity, instead of used to buy more tickets on the next draw. Buying more tickets just seems like a really bad idea, it opens the door for all sorts of ludicious claims. And someone who is serious about operating a pool should form a corporation (with seperate bank account, etc) to operate the pool as this will allow
Jan 25, 2009, 2:08 pm - KeithK - Lottery News

Are Canadians taxed on lottery prizes?Reply
In the UK 12% of lottery sales goes to the Government in Lottery duty. But if you win 20 million pounds, you get the full 20 million, no taxes, no annuity nonsense. Lottery duty was set at 12 per cent, which was intended to ensure the Lottery would be revenue neutral , so that the Government was compensated for revenue lost from expenditure diverted from other goods and services that are taxable to the Lottery The Treasury conceded that it was difficult to calculate the exact level of
Dec 16, 2008, 2:58 am - myturn - Lottery Discussion Forum

$170 MILLION: Mega Millions lottery jackpot raisedReply
My plans when I win on Tuesday? lol...Seriously though...a family's trailer burned down a few days ago. Such a horrible thing to happen anytime...but around the holidays is just heartbreaking. I heard they have 3 children. People in town are doing all they can to help them out, but it must be hard on the family not to have a home anymore or belongings. So.........If it were me who wins, I'd buy them a new house...and replace all their clothing and other belongings. Do whatever I can to h
Dec 7, 2008, 9:55 pm - Lotto*Love - Lottery News

what to do when you win the lottery?Reply
Don't worry. I've been preparing mentally for last 3 years. :) No, no annuity option. Even a state or nation can go belly up. I am preparing for the worst of worst. Of course I won't tell anyone beside my parents and sisters. California won't let me stay 100% anonymous. But I explained already. Due to a unique nature of my first name I can virtually go undetected. I STUDIED interviews with Jack Whittaker. I am amazed that a moron like him can be an established businessman making
Oct 13, 2008, 9:23 pm - ambelamba - Lottery Discussion Forum

what to do when you win the lottery?Reply
-Driving to the Lottery headquarters is dangerous considering that you're very nervous and excited which cause an accident. I would take a train or taxi. -Hire a lawyer and finance planner. Pick the Annuity option because the current economy is garbage. -Don't tell anyway of your winnings. -Choose to remain anonymous. -Don't be stupid like Jack Whittacker and other broke lottery winners.
Oct 13, 2008, 9:04 pm - SmoothJuice - Lottery Discussion Forum

Mega Millions win in Washington, Michigan for $42 millions.Reply
Well, that's three winners in southern Michigan now, don't anyone else in this state will win for awhile and of course if someone does it'll probably be again in that part of the state. I'd say that it was interesting on how each location is almost off the same interstate but I guess not too surprising since each one is in a highly populated area with one in the south west part of Michigan (Grand Rapids area) and the other two are in the southeast/Detroit area of the state which I know makes up
Oct 5, 2008, 7:07 pm - DC81 - Jackpot Games Forum

How are payments invested?Reply
Once you are given a contract for a guaranteed yield, the total payments will add up to that face value at maturity. Ohhhh, okay. That's exactly what I wanted to know. I wasn't sure if someone could end up with LESS then what they understood they were getting at the time of choosing the annuity over cash. Thanks! claymore
Aug 14, 2008, 6:51 pm - claymore - Jackpot Games Forum

Should EZMoney be voted out?Reply
IMHO I don't think that he should be voted off of LP or banned. That's a personal decision. Life is full of deceptive people. When you encounter those people in life can you ban them from life or do you have to settle for ignoring/avoiding them? Discernment is the key. As far as being rude to people, he wasn't rude to me. The no good haters he referred to in his $86 million annuity post didn't apply to me. My philosophy is that it's not what they call you, it's what you answer to.
Aug 8, 2008, 9:37 pm - LottoChica23 - Lottery Discussion Forum