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DO you really lose money if u take the annunity over the lump sum?Reply
Yep, but by the time the government gets their hands on it, you're in the $120 million range. Only $120,000,000? I might have to apply for welfare! My calculator says: 213.3 mil cash works into 127 mill range. I bee verry verry happy! Now where do I put it. Annuity might not be there because of govt bankruptcy.. Put it into a bank and unregulated banks do something stupid and my money ends up into the hands of the owners of the banks. I like Iowa farmland but that is slowly
Aug 15, 2012, 12:37 pm - markp1950 - Lottery Discussion Forum

Rollover Probabilities for Powerball's current jackpot.Reply
The new probabilities of various numbers of winners, reflecting the new jackpot figures of $213.3M Cash/$320M Annuity are given in the following table: k, number of winners p(m,k) 0 68.25% 1 26.07% 2 4.98% 3 0.63% 4 0.06% ...if anyone's interested. Also if anyone's interested, the pretax cash basis expectation value is 0.73. Anything can happen, but the Poisson distribution (randomized) would seem to suggest that the most probable outco
Aug 15, 2012, 10:50 am - Prob988 - Jackpot Games Forum

Mega Millionaire 'Bunky' Bartlett offers advice to winnersReply
I agree with Bunky that taking the annuity would have been better for him because it doesn't seem like he is living off the interest that the money could produce. He seems to be spending the capital. I predict in 5 years he will be be broke. He's willing to put in $5M of his own money to develop this video game? That would leave him $10M in the bank. If he just lived off the interest of the $16M it could produce about $480K/yr. Isn't that good enough for him? It would be good enough for me
Apr 4, 2012, 12:40 pm - golfer1960 - Lottery News

$363 MILLION: Mega Millions lottery jackpot raised due to heavy salesReply
THAT'S WHAT I'M TAKING ABOUT!!!! When I hear people talking about investments my eyes kind of glaze over because I'm thinking aren't investments to make money? But I just won (if you win the jackpot) hundreds of millions!!! What do I need to invest for? Am I being naive? Shoot I'd take the annuity too!! This stuff about the government and high taxes blah blah blah, I'm like SO WHAT!!! Even if the taxes are high that's still a BIG check of money you didn't even work for/earn, a BIG
Mar 27, 2012, 11:51 pm - Nikkicute - Lottery News

Cash Vs Annuity PaymentsReply
Dear Jackpot Winner, Please be patient while the temporary restraining order on the disbursement of your annuity funds is in effect during this national emergency. This will coincide with the temporary suspension of the Constitution and Bill of Rights. The sundown till sunup curfew will remain in effect until the rioting stops and the lawless roving bands of militia are disarmed and executed. Unfortunately, I have found it necessary to cancel all elections until my new secret police
Feb 13, 2012, 10:29 pm - rdgrnr - Lottery Discussion Forum

Cash Vs Annuity PaymentsReply
Unless someone recruited a bunch of people the skew the results, do you think a daily poll would come out any different than the consensus thus far? mjwinsmith, Well, there is 12-21-2012 to get past,you know, the Mayan stuff. I'll take the annuity Are you sure, the asteroid is going to impact within 24 hours ____________________________________________________ If I knew the world was going to end tomorrow, I'd go plant a tree -Martin Luther He should have been sent r
Feb 11, 2012, 5:19 pm - Coin Toss - Lottery Discussion Forum

Powerball multi-state lottery to raise prices, jackpotsReply
no one cares about winning $4 but there will be lots of them anyway and it can be churned back into the game to get a couple of free tickets, with more chances to win That's as close to the truth as we've heard from you people, but it's really not true at all. More tickets actually means more, and better, chances to lose. That's exactly what you want, isn't it? Turn the meager winnings right back around and put them in your pockets instead of player's pockets. If a private companywas mak
Jan 4, 2012, 2:14 am - KY Floyd - Lottery News

Anyone play Fortune cookie numbers?
Anyone play Fortune cookie numbers? Some old news: Fortune cookie payout The Powerball drawing on March 30, 2005 produced 110 second-prize winners. The total payout to these winners was $19,400,000, with 89 plays winning $100,000 each; the other 21 winning $500,000, as they were Power Play selections. MUSL officials initially suspected a reporting error or fraud. However, all 110 winners had played numbers from fortune cookies made by Wonton Food Inc. of Long Island City, New Y
Oct 3, 2011, 7:04 am - LottoGuyBC - Lottery Discussion Forum

$107 million lottery winner turns out to be son of Marriott presidentNews Story
By Todd Northrop When Lottery Post reported in August about 25-year-old Brian McCarthy claiming a $107 million Mega Millions lottery jackpot, little was known publicly about the new multi-millionaire. (See Virginia man claims $107M Mega Millions jackpot, Lottery Post, Aug. 16, 2011.) Now it can be revealed that the lucky young lottery player is actually the son of the Marriott hotels president, Robert McCarthy, a millionaire in his own right, earning an annual salary of around $1.2 mill
Sep 10, 2011, 9:45 am - Todd - Lottery News

US Marine wins $1 million lottery jackpotNews Story
A United States Marine from Yuma, Arizona, has won $1 million in the Arizona Lottery's $100 Million Cash Spectacular Scratchers game. It was an honor to award this prize to an active-duty Marine, a man committed to serving America as a member of our Armed Forces, said Jeff Hatch-Miller, executive director of the Arizona Lottery. We were all thrilled to have the opportunity to celebrate this winner, and to know this win will positively impact his life. According to lottery officials, the
May 19, 2011, 6:36 pm - Todd - Lottery News