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North Carolina 18-year-old wins $1 million in lottery after asking sister to buy ticket for himReply
I love everything about this story. To me, this is the best of the lottery. Seems like a good kid with a good family, who all accompanied him to claim the prize. Love the family photo. No squabbling about who won the prize. Great choice on the annuity. Good choice on the Audi too!
May 26, 2024, 8:39 am - Todd - Lottery News

North Carolina 18-year-old wins $1 million in lottery after asking sister to buy ticket for himReply
For some odd reason I like seeing younger lotto winners. He chose the annuity of $50,000 over the next 19 years Good choice choosing the annuity, no hurry, he'll have money coming in, no need to have it all at once right now. Congrats to him!
May 26, 2024, 8:14 am - Nikkicute - Lottery News

$1.3 billion Mega Millions lottery winner's family sues him for not sharing jackpotReply
Moral of the story: Tell no one that you've won the Lottery. Create a Trust. Do the annuity. Place the winnings into blue chip stocks and hold them for 30 years. Too bad no one sees it this way....
May 17, 2024, 1:12 pm - darthfury78 - Lottery News

Mega Millions and Powerball offer $1.11 billion in combined lottery jackpotsReply
I liked it better when we weren't being lied to about the jackpots restarting at $40M ( last for the PB was on 2-15-2020) not the $20M(starting on 4-11-2020) figure they blamed on Covid. I also liked it better when the Cash to Annuity value was at 66% and not this mere 47% jargon.....Gotta take the good with the bad I suppose....Onward we go..Best of luck to everyone that participates.
Mar 5, 2024, 12:25 am - CDanaT - Lottery News

One Michigan lottery ticket wins $842.4 million Powerball jackpotReply
What's the alternative. No lottery. Everyone knows the lump sum is all that is in a jackpot. The lure is what the annuity would be is the jackpot you see. Taxes are taxes. No escaping the taxes. You just accept what you get and be happy about it. They are not about to all of a sudden announce, no more taxes on excessive lottery winnings.
Jan 4, 2024, 9:20 pm - billybucks - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
Funny how they reduced the cash value by almost $30 million but the Annuity stayed the same. Interest rates didn't go up substantially in the past 2 days.
Oct 8, 2023, 3:13 pm - Unluckyone - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
yup, after taxes that is 238,169,000 million dollars, still an amazing amount of money to have. The other option is to go with the annuity payout for 1.4 bill which is 70 mill for 20 years. But a lot can happen in 20 years so most take the cash,
Oct 5, 2023, 10:42 am - lottoman626 - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionReply
the annuity is stretched out over 30 years, if you are 30 years old you will be 60 by the last payment, if you are 40 years old you will be 70 etc. although you lose almost half by taking the lump sum, most take the lump sum for obvious reasons.
Sep 23, 2023, 3:20 pm - lottoman626 - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionReply
It's possible that the winner wants to take the annuity option and will claim it just prior to 180 days. Add the three months of anonymity that Florida law allows, and that's a total of 9 months they can remain anonymous. That's more than enough time to go away and hide. G5
Sep 23, 2023, 8:15 am - GiveFive - Lottery News

$1.58 billion Mega Millions lottery winner has two weeks left to claim cash optionReply
60 days??? Jeeesh...forgot about that lil aspect.... Hope your ticket wasn't misplaced.. ..what was the 1st payment on the annuity ?? Around 12 or 13 Million take home??... I am rooting for the cash option to make it in time
Sep 22, 2023, 4:23 pm - CDanaT - Lottery News