Couple wins $800,000 Missouri scratch-off lottery jackpot

Comment #10

CASH Only — Sat, 06 May 2006 13:41:12 GMT

The WA Unlucky for Life (no cash option) online game was replaced last year by the Lucky for Life scratch, which gives winners a choice of $1000-a-week or $750,000 lump sum.

Comment #9

justxploring — Sat, 06 May 2006 08:30:56 GMT

I just lost my post - having trouble with my ISP.

Hockeyguy, you are correct. Many annuities do pay a lump sum to the beneficiaries when the annuitant dies, so that is probably true of many or most lotteries. I have no idea, to tell you the truth. I think it all depends on how the payment structure is set up in the first place. Not referring to the lottery, there are some annuities that will not pay a lump sum if the owner of the annuity dies, but that's always specified in the contract. I ag... [ More ]

Comment #8

LOTTOMIKE — Sat, 06 May 2006 06:53:58 GMT

i'd take the lump sum and get it over with.too many things could happen within a 20 year period.especially with the way the world is now.........

Comment #7

hockeyguy858 — Sat, 06 May 2006 05:50:17 GMT

which you may be right also, but if i just remember reading right from when WA had 4/100 Lucky for Life, i remember them mentioning (there was no cash option) if you died before the minimum was reached, your beneficiary recieved the remaining amount left in 1 lump sum, and the annuity was terminated, now if thats how all other states run im not sure, i dont possess a Ph.D. in lotto-ology

Comment #6

justxploring — Mon, 01 May 2006 09:35:12 GMT

Quote: Originally posted by hockeyguy858 on April 30, 2006 Quote: Originally posted by justxploring on April 29, 2006 When the tickets say for life they don't usually pay for an unlimited amount of years. A couple just won a scratch-off game in Lehigh (near me) and $5,000 a month for the rest of my life sounded nice, but then I read the fine print which reads for up to 20 years So whose life are they talking about?

BTW, so CashOnly doesn't have a fit here, FL does offer a lump sum and the... [ More ]

Comment #5

hockeyguy858 — Sun, 30 Apr 2006 20:41:42 GMT

the 20 is the minimum payout on the annuity. lets say Joe Blow wins that, if he dies in the 11th year, his estate gets the remaining years left up to 20 paid out (so 9 years)...but if joe blow lives longer than 20, when he dies the payments stop...correct me anybody here if im wrong

Comment #4

justxploring — Sat, 29 Apr 2006 21:16:17 GMT

When the tickets say for life they don't usually pay for an unlimited amount of years. A couple just won a scratch-off game in Lehigh (near me) and $5,000 a month for the rest of my life sounded nice, but then I read the fine print which reads for up to 20 years So whose life are they talking about?

BTW, so CashOnly doesn't have a fit here, FL does offer a lump sum and they took the $765,000 cash option.

Comment #3

bellyache — Fri, 28 Apr 2006 17:04:38 GMT

Good for them. $800,000 would be nice to win.

Comment #2

qutgnt — Fri, 28 Apr 2006 13:53:31 GMT

75% payout is very respectable for a ten dollar game.

Comment #1

CASH Only — Fri, 28 Apr 2006 13:36:03 GMT

Wake up, NY Lottery! We need cash options in OUR scratch games too

Couple wins $800,000 Missouri scratch-off lottery jackpot

Lottery Post — Fri, 28 Apr 2006 11:15:55 GMT

Scott and Candace Pritchett of Houston, Texas, have won $800,000 in the new Missouri Lottery Lifetime Riches scratch-off game.

They opted for a lump sum payment instead of $50,000 a year for life.

Gary Gonder, director of the commission for the Missouri Lottery, said most people chose the lump sum.

They can fulfill their dreams today, and manage their own investments, Gonder said.

Scott Pritchett bought the winning ticket when he stopped for gas at Kum Go, 5384 S. Campbell Ave.,