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Why not choose the annuity?Reply
On a million dollars, I would take the lump sum. If I netted $400k after taxes, I would use the money to buy a house with cash, thus I could invest $15k a year from monthly savings from not having a house payment into investments. Now if the winnings was $100 million or higher, I would most likely take the annuity. It would be a safe guard against me ever spending all the money. When people retire, they care about cash flow income. With me knowing I would have money coming in for the rest of my
Aug 2, 2014, 12:19 pm - Goteki54 - Lottery Discussion Forum

Would you quit your job if you won the lottery?Reply
Most stories I've read about winners who won a lot then stayed on the job said the winners had problems with co-workers. Many of their co-workers figured they should resign and let someone who needed the job take it. I imagine in most regular work places, with regular workers (not professionals, or people unique jobs) that co workers feel that way. If you win enough to retire, and want to work, I'm sure you could figure out some other way to work or keep busy. That's what I would do. But, whatev
Jul 24, 2014, 11:28 pm - fastball 9 - Lottery News

Would you quit your job if you won the lottery?Reply
Very true. Where I work, there would be hard feelings if I won and kept working. I sell furniture, commission sales. So I know that there would other sales people saying why is he taking ups that I could have, and taking sales that I need? I would definitely retire. I'm 60, so I would just fish, and travel, and enjoy life if I ever get so lucky.
Jul 18, 2014, 11:12 am - rcbbuckeye - Lottery News

$70 million Calif. SuperLotto winner comes forwardReply
nice hit, but hardly a noticeable blip of interest to those of you who only acknowledge a 200+ million jackpot or more. can't believe it took a month and he still hasn't decided on whether to buy a new car or house which would probably retain it's value or the interest he lost by waiting would have covered a car by now. he also can't decide whether or not to retire from a job he doesn't have. go cash the ticket for crying out loud. no one is interested in scamming him after he gets his 30+ milli
Jun 29, 2014, 10:02 pm - faber98 - Lottery News

$12M Texas Lottery jackpot set to expire MondayReply
It was a cash value tic worth about 7.90 million. The 12 million was the annuity amount. Still enough to retire on for me. Unfortunately, I have never ever been in League City, never mind bought a lotto tic there.
Jun 27, 2014, 9:44 am - rcbbuckeye - Lottery News

Back to minimum jackpots again on MM and PBReply
I'm not waiting for nothing. I can retire just fine on either MM or PB right now.
Jun 16, 2014, 8:10 am - rcbbuckeye - Lottery Discussion Forum

Why is the Ohio Classic Lotto so difficult to win?Reply
Unless you were lucky to win the current OCL jackpot of $68 million and netting about $19 million after ALL taxes are deducted, forget about living off the interest of a smaller OCL jackpot as it starts as a $1 million annuity which would offer a cash option of about $300k after taxes. Interest on the $19 million at today's rate would bring you about $80k per year. Interest on the starting jackpot cash option of $300k would support your lifestyle with about $120 in interest per month...not ex
Apr 23, 2014, 7:19 pm - Drenick1 - Lottery Discussion Forum

Oregon Lottery winner won't retireReply
Or one of the smartest. Maybe he's just not a moron. He'd have to be exceptionally stupid to think that a pre-tax income of $52k is really enough to retire on at 34 years old.
Feb 26, 2014, 2:45 am - KY Floyd - Lottery News

Lottery Questions People AskReply
Yes, I do get many PM'S I don't mind as long as it's how do you do it, instead of . can I have the whole weeks worth of numbers at once. If I could do that, I could retire.
Feb 2, 2014, 2:39 pm - sully16 - Lottery Discussion Forum

Do you have specific plans as to what you will be doing after your PB/MM win?Reply
Already have specific plans in place...besides help immediate family, retire and relocate....be involved with a non profit organization for needy families/children, war department(wife) is goin shoppin (without me--thank God), build a new home someplace in the lower 48, travel on vacation and spend money in the USA (only). Possibly have a cabin on a small rural lake/pond for getaways. Do some hunting, fishing, snowmobiling and ATVing. Visit friends(old and new)....maybe rent an RV and travel to
Jan 25, 2014, 4:51 pm - CDanaT - Lottery Discussion Forum