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TN got its 1st PB Winners
but littleoldlady it could happen to us one of these days!!
Mar 31, 2005, 7:56 pm - LOTTOMIKE - Jackpot Games Forum
Never let lottery assign you an annuity
Dear littleoldlady: CA needs to change the rules so that the choice can be made AFTER you win. As for someone's life span, there is NO guarantee (always remember 9/11) that someone will live long enough to receive all their payments. What if she dies, and her heirs (grandchildren, etc) have to pay inheritance tax UP FRONT (within 10 months of the winner's death) on the future lottery payments, and they can't pay off the IRS bill ? People who want the annuity DON'T consider all the potential cons
Sep 14, 2002, 7:27 am - CASH Only - Jackpot Games Forum
