Here we go...dreamers are starting to salivate.

Count me in!

Okay so I took a look and it went up $50 million more.  Before that it past over $40 million to this point.  I smell a winning ticket,2, or even 3 in less than 2 weeks. Plus there is a full moon Fri going into sat.

Gonna get me some tickets later.

Curiouser and curiouser still ......

Frankly: l don't care whether it's 1st or 10th on the jackpot scale, l just want to haul that baby over to the bank or get a slice of that delicious pie. 

  I am considering taking the Annuity. We are all living longer. Longer than our parents. I could still be here in thirty years. 

 I will have what are called do-overs. Years when I make mistakes and learn from them. 

 I know that I am too generous a person. I would give too much of a lump sum away. I could be a soft touch like Emily Leach was. May she RIP. Emily was the winner who handed out $100.00 bills and a winning ticket. I will learn from her experience and will not do what she did.

 I figure that I will have $10,000.00 per day to spend and invest. That is the first year. 

 A lot of past winners would still have their money if they did not choose the Lump Sum. 

Music - Good points. Great piece on Emily, you have our thanks. As for the annuity vs lumpsum. I think it's a personal call, but since we never know when we going to buy the farm, l would want all my eggs upfront, l will divvy up those babies to how l see fit.Living longer now is in hindsight 20/20- You could be harmlessly eating a sandwich & that sucker could lodge in your throat and next thing you know , it's " voices of Angels " in the background getting louder & louder. Ever heard of a boxer, let's say Mayweather getting paid through an annuity and his 40? Ask yourself why!

Cuba Gooding Jr said it best " Show me the money."..need l add, all of it.

 Almost all LP Members and the staff enjoy these humongous jackpots! 

Did you know that Don McNay passed away two years ago? He was a prolific author of Lottery books. He is on YouTube. He believed that most winners should go the annuity route. He learned from others who chose either the lump sum or annuity. The Lump Sum clients lost most of it in five years. The ones who chose the annuity are still enjoying life.

 noise-gate, I am not worried about you.

I'll Take It!

The $Cash$ Option .........

I've Been Planning For A Long Time!

Don McNay might actually be worse than Richard Lustig. Don's #1 piece of advice was to NEVER play the lottery. All subsequent advice stems from that so his "advice" becomes illogical.

His "books" (and I use that word loosely when talking about the rubbish he printed) was nothing but nonsensical gibberish in very large font. All of his advice could be made into one paragraph while everything else was some story about the horrors of gambling. 

Since he doesn't believe anyone should play the lottery, he did zero research about what to do if you actually win. He has no clue about taxes, trusts, investments etc., nor does he know that anonymity isn't an option for most. 

He doesn't know that annuities are backweighted, nor does he seem to realize that annuity takers go bankrupt with the exact same regularity as those who opt for the cash. This is the guy you're choosing to take lottery advice from?

I have never understood people who believe that an inability to budget can be overcome by an annuity option. There is no study showing that to be true. All a person has to do is remember that American lotteries never used to give out cash, they only doled money out via annuities and most of those winners still ended up broke. Why?? Because it has nothing to do with how much they have on hand, but how much they know they'll be getting so they still overspend then sell their future payments to cover immediate expenses. 

If you can't budget and you can't say "no" you will ALWAYS end up broke no matter how you opt to receive payment. That's an incontrovertible fact that all studies have shown. Don McNay is an idiot.

Not willing to roll the dice on a 30-year annuity. I have been adhering to a strict budget my entire life so common sense  and perspective is ingrained in me.

I haven't heard any real coverage yet. I'll still get some tickets though, it's more than enough for me.

 annuity vs lump sum

good points could be made for either choice

for self and self alone ,I'm leaning towards taking the payments and running wild for a short while 

while I search for that quiet home

Those thinking about the annuity shd look at the payments and subtract ALL of the taxes owed.  In CA that would leave you with approx 4 mil. Will it afford you a safe house? Gloria in FL got her self a nice house under 2 mil but real estate has skyrocketed over the years. The price of housing is unreal. If you are going to be worth > 100 million bucks you need something safe and secure and 4 mil is not going to do it. 

When you quoted Don Mcnay's books as " rubbish" Teddi, l had a lol moment. It was my recollection of the exchange between Amadeus & Salieri.The Emperor asks Mozart to name a German virtue and he says " Love."

Salieri says Love, we Italians know nothing about love.

Amadues responds: No, l don't think you do, watching Italian Opera  with all those male sopranos screeching, fat couples rolling their eyes, that's not love- that RUBBISH." - Amadeus the movie.

Its a hilarious exchange.

There are multiple gated communities with high tech video surveillance and armed guards with entry level homes starting in the 3 million range. Bear's Club and Old Palm in the Palm Beach, Florida area are just an example. These communities demand proof of funds before even allowing a potential buyer to enter the grounds.

Gets me when it jumps $60 million all of a sudden

It jumped $60 million last night. 

Good luck to all players!!!

I'd be just fine splitting this one with another ticket holder. It was plenty enough for me a few drawings ago. Now, I wouldn't mind just having a nice big slice of that pie. Mm'mmm pie.

Sorry, misread your reply. Ignore prior comment. 

Thanks!

I wonder if David Lee Edwards claimed one of those gated properties as his residence?

Word of advice, don't go spending a lot of money on powerball because only winners comes out of certain states and its sad...

You sound so ignorant, people win the lottery not states.

No. David Lee Edwards home was in Ballenisle country club and homes in there start under a million. It's a very old club compared to the two I previously mentioned plus the security is not as tight even though it's guard gated they don't pack a side arm.

While you all lust over PB, I will keep my sights on MM. $90 Mil with a post tax lump sum of $34,246,800 will make me very happy. 

If someone wins Mega in the next few draws, it'll be guaranteed anonymity regardless of the state.

Man those Cali rules are terrible

This time it worked out for 2nd place winner but those mathcing 4 + PB got screwed

I imagine Cali players hate that setup

The cali set up is horrible. You usually get $4 for matching the PB number but this time it's $3 because of pari mutuel.

Also the 5 without the PB just got won so if someone from cali got 5 without the PB for Saturday's drawing they will win 200K.

200K is nothing to sneeze at but the other states get 1 mill for second prize.

Usually the Cali PB second prize  plods a long, increasing each roll by only $85-100k. So, it takes a long time to reach $1 mil plus.  This time, it increased by 200k, 400k on the later roll overs. 

On, April 29th, someone won MM for $61 Mil in Laguna Hills, CA, but no one has claimed it, yet. 

Probably less than $200k. Last time it was won it went down to $130,481 and I have seen it even lower. 

Yikes! I would not be happy.

Yes, it would be 130k more than I had before, but if it's supposed to be my consolation prize it would fail.

Obviously the winner's choice what to do, but depending on their state they'd clear $135 million or more. You could squander $85 million, whether it's from mistakes or just plain pissing it away, and unless that still doesn't give you a wake up call you'd have at least $50 million left. I don't doubt that there are people who are stupid enough to lose it all, but we're talking truly world class stupid.

Well you know.....

I think the winner should decide whether to take the annuity or lump sum based on their age. If they are young then they should take the annuity, but if they are old they should take the lump sum.

.

Oh please, just a small portion of this jackpot.  I will make my donations to St.Judes and Shriners.  And to the Gallian siamese twins. And, I will pick out a desperate American family to help.  Oh, and several people from here too.

Please, oh please, some portion of this next jackpot. Please come to me.
(i mean the cash prize to come to me. i'll have enough people to deal with)

If I was lucky enough to win this powerball jackpot I am taking the 30 annual payments.  I will be 71 when the last payment comes.-weshar75

That's an illogical reason to choose an annuity. It's usually what people say when they don't know any better. The risks in taking the annuity aren't better because one is young. The tax implications and backweightedness of the annuity don't change, the only thing that changes is that the younger person will probably be alive to deal with the headaches. If a person cannot properly budget themselves so that they don't lose over $100 million dollars then taking it in the form of an annuity won't make any difference to the outcome. They're destined to go broke either way.

It's the colonial anglophile in me. LOL. Everything ridiculous is best expressed as "utter rubbish" or "tosh". When I was growing up it is was "pish posh" but as I've grown tired of explaining what they mean, I've stuck with "rubbish"

Seems to me the only communities worth their expense in PBC are Bears Club, Sanctuary and Royal Palm. I wouldn't particularly want to live in Boca but I'd make the exception for the latter two communities. The Aragon had the most amazing condo I'd ever seen sold 3 years ago. The COA fee alone was $96,000/year. Insanity. I'd rather live in Highland Beach or Singer Island

$435 mil is a lot of money.Anything is possible & don't let anyone tell you it cannot be done.l imagine that when Todd came up with the idea of lotterypost, there were those who said " Dream on." Well Looky here.Have a great weekend good people, l'm heading out to Tahoe in 30 mins.

Noise out. 

With the MM nearing $100 million, I highly doubt if the jackpot is won that it will shield the winner unless it's in an anonymous state. Vultures will attack for a whole lot less.

I agree that luxury condo fees have gone crazy with some units commanding over 10k per month. Ultra exclusive single family home communities HOA's run $1500- $2500 a month but include social membership at the club house and/or beach club.

Any of us would love to ponder those decisions if we were ever that fortunate.

With all the snow Tahoe has been receiving I sure wish I was there but unfortunately I'm on the east coast.

It is going to be a mad rush to buy tickets to grab $435 million

  stuff it in mailbox

If there is no winner tonight for Mega Millions drawing, the estimate for next Tuesday is $101 million, and if there is no winner Saturday night for Powerball it is set at $510 million.

Good luck to everyone on this list including me of course.

No. The older you are the more sedentary your lifestyle is and the more gullible you are. Someone young can actually take the money and do good or invest it (Brad Duke), someone old needs the yearly payments so that the money won't get squandered (Jack Whittaker, Billy Bob Harroll, Janite Lee, Bud Post, etc).

A year to claim is a year to claim. I don't think you should rule out a ticket until at least 80% of the window is used.

510 Million (318 Million Cash) is even more money. I'll take 435 though.

Who has ever heard about Nancy Viola? No one outside this site because she slid right under the radar  due to the 1.5 Billion.

Who ruled out anything? The point was that when winners delay coming forward, it usually creates speculation and media attention.

I didn't remember her name but when I googled I recognized her immediately, just watched her press conference/cheque ceremony a few weeks ago.

This is not a knock on her appearance or anything, but she is, in the best way, very unremarkable. Not like the $1,5B Florida couple where the wife was 20 (?) years older.

Plus both her names are first names and she accepted using an LLC. Still, I bet she is on many a scammer's radar though.

Nancy Viola won the MM jackpot in Jan, 2016 but didn't claim it until June, 2016. That was one of the stories I enjoyed reading about due to her husband buying the wrong ticket.

They were smart and took their time to claim in order to get everything set up.

Way off subject here.  A man claimed one of the two unclaimed million dollar raffle tickets in Virginia today.  He bought it in Lynchburg, VA around Thanksgiving.  Put it in a drawer and forgot all about it.  Looking for his checkbook and there it was and the rest they say, is lottery history.

Sent a picture/video of my holding my iPad mini to the KY lottery.  They asked if they could post it on their FB website=YES.

Nancy and Vito's jackpot was a QP and only 1 line, too.  So, it can be done. 

It takes 22 years of annuity to beat the CV (gross payments)

What a pathetic line of crap.

Since when cant the elderly do good or invest it?  Elderly needs yearly payments so that the money won't get squandered?   Are you kidding me? 

YOU are exactly what is wrong in America.  What you just said is an insult.  I feel sorry for your parents and grandparents and for you, you will be elderly before you know it.

That is really so very nice to read this music.

i am overly generous too at times, with a few i am told. But, i am sure not doing annuity even if i was back in time to 20 .

New temporary pres.trump,  as my father would say,might have us all broke and eating a cheese sandwich,Cassie.So, i would take ONE check.

Daddy doesn't trust gov too much to let em' "control"he says, an annuity pymt.thing.

1 Lump sum $$$ and call it a day,manage it just fine while i still help most important the homeless

and the vets, as i feel NO 1 in U.S.A, or anywhere, should be hungry today, or moreover, homeless tonight.But,they are.

LOL 

icam(i couldn't agree more)LEJ, the younger than even me, would piss it away easily and faster, now over 60s not at all.so "elderly"are more prudent with $$$ at any level.

Hey Dreamers

Do you think that no one may win the grand prize tonite?

You all are goanna to be mesmerized

HUSH !!!!!!!!!

What if he found it after claim date ended... lol

                "MORE" people than ever will be play'n "TONIGHT"

  GOOD LUCK Lottery Post PLAYER'$   

Well I got one I did myself w/ some cheating repeating numbers from the last 5-10 draws 

and a QP 

:-)

All even numbers in the front...

gotta roll ...

Twitter and US News saying a winning ticket in California

https://www.theguardian.com/commentisfree/2013/dec/22/someone-needs-fight-selfish-old
https://consumerist.com/2012/08/20/scientists-say-elderly-get-scammed-more-because-their-gullibility-detectors-wear-down-with-age/
Facts are facts, no amount of insulting will change that.

https://consumerist.com/2012/08/20/scientists-say-elderly-get-scammed-more-because-their-gullibility-detectors-wear-down-with-age/
Reality tells a very different tale than your perceptions.

I'm going to stop playing for a while 

The $447.8 million ticket was sold in Sun City, a "retirement community."    

 even worse jejejeje

Welp only lucky for life and hot lotto for awhile for me.

guess am gonna get a MM ticket

(coffins crossed)

It seems you are confused, and you have your facts wrong.  Your first mistake is using "links" (or trying to) from a leftist rag which the Guardian is but I am sure you knew that.  Secondly, your bs post insulted most everyone reading the thread.  I was not the one insulting others, you did quite well on your own.  Maybe you need to go re-read as your "facts are facts and no amount of insulting will change that".  Somehow you mistook me for insulting you, I only called you out on your bull<snip>tt post.

Learn to post links if you are going to use them to back you up.  In this case they backed you right into a corner.

Sometimes the first step to forgiveness is understanding the other person is a complete idiot.

And your reality/perception is severely distorted. 

Still dont know how to post a link yet?

I bet most elderly people can post links.

FYI Redd.

• April 28, 2017 - $61 million won by David Trapp with a ticket purchased in Laguna Hills, Calif.
• Info found on the Mega Millions official site.

Derp mentioned a few of the many foolish lottery winners...and they all happened to be older people who blew through some or all of their winnings, some of them coming to a tragic end.

As far as I know, Jack Whittaker still has a lot of his jackpot left, but there's no denying there's something wrong with that family, at least some sort of gene that causes addictive behavior; his addiction being strip clubs and back room poker and his daughter and granddaughter's addictions being drugs, which killed both of them.

Billy Bob Harrell is, to me, the most tragic case of them all, a flawed man who tried to help others and cheated on his wife (so says some accounts) and it was - IMHO - that guilt and inability to say "No" that caused him to take his own life.

I'd say Bud Post had some serious mental issues, a serious lack of judgement evidenced by his six wives and an inability to control his anger proved by a conviction on assault charges.

Janite Lee was broke after 8 yrs. of charitable and political contributions, apparently feeling some need to be in the spotlight for her giving. She was a Democrat, too, so 'nuff said right there about having a mental illness.

So, that's four older folks who didn't handle their new-found wealth well at all. There are loads of others, but while I don't know for sure - and don't care to research it - I'd say more older people play the lottery than do young people. Maybe that's due to the pessimism of the older crowd vs. the optimism of the younger ones, but I simply don't know. What I DO know is I seldom see younger people playing the lottery, only scratch tickets. There might be some reasoning behind that, perhaps the instant gratification of scratching a winner, who knows? I don't. So, the reason - as I see it -  that there are more older winners is simply because there are more older players.

But, there have been younger people who were fools with their lottery wins;  Michael Carroll, who admits “I only started to think about three things – drugs, sex and gold. The dealer who introduced me to crack has more of my lotto money than I do." and Callie Rogers who blew through her winnings faster than creamed corn goes through a goose, spending a lot on drugs and "stuff" and tried to commit suicide three times after winning....NOT after she went bust. Then there was Stuart Donnelly, Scotland's youngest lottery winner, found dead in his secluded cottage where he had been a recluse, rarely leaving his home. Oh yeah, he and the others adjusted well to winning, huh?

I read the article Derp linked to: Scientists Say Elderly Get Scammed More Because Their Gullibility Detectors Wear Down With Age

A study conducted for the National Institute of Justice in 2009 concluded that nearly 12 percent of Americans 60 and older had been exploited financially by a family member or a stranger. And, a report last year by insurer MetLife Inc. estimated the annual loss by victims of elder financial abuse at $2.9 billion.

What I'd like to see is the breakdown of the numbers between "a family member or a stranger". As I've proved in here multiple times before on the anonymity threads, a lottery winner is far more apt to be murdered by a family member or friend than they are a total stranger so it stands to reason that an elderly person would trust a family member and would account for the majority of the victims.

BUT...."reason" is in short supply, even for younger folks. More on that later.

I then followed a couple more links at the bottom of the page to learn more. One was this one on Business Insider:

Scientists Discovered Why It's So Easy To Scam Old People

Skimming through the article which was pretty skimpy on details, this caught my eye:

To test the theory, the UI team chose 18 patients with brain damage to the prefrontal cortex and 21 with damage outside the prefrontal cortex.

Huh? A study on only 39 people? Dunno 'bout you, but that doesn't sound like a very detailed scientific study to me. With so few people tested, I don't see how they can state that correlation = causation.  Be that as it may, at least it linked to the origin of the information on ScienceDaily:

Why are elderly duped? Area in brain where doubt arises changes with age

Without going into all the scientific, anatomical details (in a nutshell, it's to do with the ventromedial prefrontal cortex, that controls belief and doubt, and which explains why some of us are more gullible than others.) the article goes on to explain they chose those patients out of 500 with brain damage.

OK, so they chose the ones with the damage to the specific part of the brain. I'd still like to learn more about the methodology of the test. Then again, I'm not so...what's the word? Oh yeah, GULLIBLE, at least not so much as to believe everything I read on the 'net without knowing more about how they came to that conclusion.

I then wanted to see if there were any young, NON-BRAIN DAMAGED victims of scams. Oh boy, was I ever surprised!

Study Finds Young People May Be Easy Scam Victims and this similar article Surprise! Millennials More Likely To Be Scam Victims Than Boomers

Everyone knows that older Americans — especially the elderly — are the most likely to be scam victims, right? Turns out, this is a myth.

In fact, according to a new report link by BBB Institute for Marketplace Trust, Millennials are more likely to be scammed than boomers.

“We’ve bought into the stereotypes about scam victims — they’re usually seen as vulnerable and elderly, or gullible and poorly educated,” said Emma Fletcher, product manager with BBB Institute. “These stereotypes are strongly held…and they are wrong.”

Wrong? Wrong???? How could our resident Commie wannabe be wrong? I mean...he's lived all of a couple of decades w/out any meaningful real life experience, has only been exposed to the fuzzy headed college campus politics of the same type of ignoramuses as him, how on Earth could he be WRONG about something?

As you mentioned, he had to throw in a totally unrelated dig at the elderly with this ( I'm not sure why KingOfDerp felt the need to include this particular link; it had nothing at all to do with the elderly being victims of scams - then again, we know he has a pathological hatred of the elderly): Someone needs to fight the selfish, short-sighted old

An excerpt from the article - which should tell anyone all they need to know about the theme of the article w/out reading the rest of it, namely its bashing of the elderly: The cost of pandering to pensioners means we are penalising our young in relation to education, healthcare and housing.

The Guardian calls itself "left of centre", but in the U.K. that means something entirely different than it would over here.   Bernie Sanders would be considered a moderate right-winger to them. 

Sorry, a little off-the-track, there. Let's continue:

More young people are falling for scams

The Better Business Bureau released a consumer alert concerning scams.

According to the BBB Study, more millennials are falling victim to scams than baby boomers. The data shows 11 percent of older Americans lose money to swindlers. That’s compared to 34 percent of young people. Experts are blaming it on millennial's love for high tech toys.

Young people are the most gullible when it comes to banking scams

Young adults are the most gullible when asked by scammers to divulge their bank card pin, password or security numbers, a survey found.

Despite younger adults generally being thought of as more tech-savvy, one in five (20%) 18- to 34-year-olds wrongly thought their bank would ask them for their full Pin or password, compared with 9% of the population generally.

And 16% of 18- to 34-year-olds wrongly thought their bank might ask them to transfer cash for security reasons, compared with 7% of all adults questioned.

And the youngest Millennials fall prey to scams as well, having learned nothing from their older sibling's mistakes: Common Scams Targeted At Teens

Wow, and to think Derp calls us old farts "gullible".

Of course, young people not only scam the elderly, they scam each other:

Iconic: 39 Young People Indicted For Using Instagram To Scam $2.5 Million

No need for 3-Card Monte or picking pockets these days - that's too Old School for those New York douchenozzles. So, what did I learn from an hour or so of my own research? Well, it taught me that young people can be fooled too...and more of them seem to be gullible than older folks.

At least elderly victims can claim brain damage as an excuse, but what would be the excuse for the young folks getting ripped off?

Since Derp likes to generalize and stereotype, I guess I'll permit myself to do the same. What would be young people's excuse? I believe it would be greed....with a big fat dose of stupidity.

Excellent post.  Kingofbs didnt post anything or anything of substance on younger winners.  He is still wet behind the ears and thinks the young got it by the tail and knows everything.  Reality is their age and experience is against them, which is why the elderly are so valuable, not throwaways. 

There are many incidences of young lottery winners losing it all because they buy their friends, play bigshot and when the money is gone so are the so called friends.

IMO it all depends on the person/people who win.  If they were raised with values, structure and some common sense most will do well.

You don't buy friends, people suck the money out of your pocket, and it doesn't hurt when you have a lot of that. Anyone having earned a bit more for a period will tell you the same thing. Add that if you won big, a lot of poor-in-the-mind will ask you for cash, car, sex, etc. Add that you may get some criminals over the floor to kidnap your kids or pet. Eventually some dealers show up, to make you or your family addicted to some trash, starting with the legalized drugs? At some point you just want to stay poor and drink mineral water for the rest of your life.