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Why not choose the annuity?Reply
The real question with taking the annuity is if it's possible to take a portion of the after tax cash, invest it, and and get the same amount in 30 years. I'm pretty sure most financial adviser will suggest taking the cash if for nothing other than a business reason. It's seems that when discussing cash vs annuity , the fact the annuity will be taxed and possibly at the same tax rate but over 30 years, is usually ignored. And after 30 years a $60 million annuity jackpot might be really $36 milli
Aug 3, 2014, 3:39 pm - Stack47 - Lottery Discussion Forum

Why not choose the annuity?Reply
CT, thanks... I forgot about that basic premise- the advertised vs actual amount. I suppose if you're financially savvy and/or have a trusted circle of advisers, then the cash option is the way to go most of the time. Key word trusted ... savvy For me, the notion of having a new pile of cash option money like that in my hands and fending off the hordes is kind of scary... can't claim anonymously round here. At least with the annuity (in higher JP's- MM/PB), if you make a mistake one ye
Aug 2, 2014, 1:41 pm - Romancandle - Lottery Discussion Forum

$151 Million: Lottery riches up for grabs in Mega Millions gameReply
glad to see it getting near 100m cash, just 1 more roll..... $94.3m cash as a annuity of 151 vs powerballs highest of late 91.2m cash as a annuity of 182.1m , i almust love mm for having much more cash vs inlarged annuity for marketing , thro it has a lot to roll to catch up to our 240m cash record setter we had at this year start, thro if it rolls a few more times, 41 states that sell MM has proven if it gets ahold of large jackpots, the rollover amounts are a thing of Holy F...
Mar 9, 2011, 8:40 pm - joshuacloak - Lottery News

Do you still feel the same about Cash Option or Annuity??
I'm asking in the current economic enviroment is your opinion of Cash Vs. Annuity still the same? I ask this because of the fluctuating stock market and states like California asking for Bailouts. My thoughts are I wouldn't trust the state to control my money and dole it out to me. As a voluntary tax I doubt many tax payers would agree to send Millions of Dollars to a state lottery agency for their debt obligations. So While you probably would get your money eventually if worse came to
Dec 6, 2008, 1:01 pm - petergrfn - Lottery Discussion Forum

Book: Money For NothingReply
For all the discsussions we've had about cash option vs annuities, this is interesting: From the editorial review: At age twenty-six, Ed found himself broke, knee-deep in gambling debt, and moving back into his parents' basement. It all changed, however, when he serendipitously landed a job as a salesman for The Firm--a company that offered up-front cash to lottery winners in exchange for their prize money, often paid in agonizingly small annual payments, some lasting up to twenty-five y
Sep 24, 2007, 9:45 am - Coin Toss - Lottery Discussion Forum

To my fellow LP membersReply
Maybe Todd is less symphathetic towards me now as he used to be simply because (as a New Jersey resident who probably does not visit NY state often) he does not see firsthand as I do how crooked the NY Lottery is for a state that does not use computerized drawings save for Quick Draw. New Jersey Pick-6 Lotto is a very good game. It has the usual 50% payout vs NY Lotto's ridiculously low 38%-40%. When Todd plays Pick-6, he does not have to choose cash or annuity UNLESS he wins. Mega Millions i
Dec 19, 2006, 10:05 am - CASH Only - Lottery Discussion Forum

California Lottery announces group as winners of historic $1.765 billion Powerball jackpotReply
Cash value has been less than 50% for a while .. since interest rates started shooting up (big change from the COVID days of 83% :) But the hight interest rates is why the jackpots are so high (the return on annuity investments is earning a lot more.. 30 yr government bonds are over 4% now vs not much more than 2% during COVID
Mar 16, 2024, 6:28 am - kao1632 - Lottery News

Is the annuity really worth if anyone does hit?Reply
Lottery Post Forums Search is Your Friend: https://www.lotterypost.com/search/forums?q=%22annuity+vs+Cash%22 t=all
Aug 23, 2017, 10:03 pm - Raven62 - Jackpot Games Forum

Which is best, Lump Sum vs Annuity? (Super Lotto!)Reply
https://www.lotterypost.com/search/forums?q=lump+sum+vs+annuity t=all https://www.lotterypost.com/search/forums?t=all q=cash+value+vs+annuity
Apr 5, 2017, 6:24 am - Raven62 - Lottery Discussion Forum

$344 MILLION: Mega Millions lottery jackpot skyrocketsReply
Hey Jill, I've been waiting on you to throw your hat in because I think you and I both see eye to eye on this CV vs annuity debate. However, since certain possibilities have given me pause to consider the annuity as a viable option, I wanted to get your professional take on this. Let's pretend circumstances presented itself so that the JP became large enough to pay out $30 to $40 million per year and the CV was 50% or less. Would choosing the cash still be a better value than opting for the
Dec 8, 2013, 4:32 pm - Teddi - Lottery News