Search

I know that this is technically not a lottery question, it's about PCH Sweepstakes bankruptcy .
So, Publisher's Clearinghouse had a Sweepstakes where if you win you were supposed to win millions of dollars for life through an annuity program. They even had an annuity program where when you die someone you chose as your heir, gets millions of dollars until they die. Recently and suddenly, PCH went bankrupt, leaving winners suddenly in financial ruin. One winner won the annuity Sweepstakes roughly 10 years ago and quit his job since he was promised millions of dollars until his death. He was
May 25, 2026, 10:05 pm - Lotto Motto - Lottery Discussion Forum

Is the Annuity payout safe?Reply
I also was thinking about the recent Publisher's Clearinghouse annuity fiasco when they went bankrupt and left annuity winners out in the cold and one annuity winner in particular was left financially ruined as he quit his job roughly 10 years ago when he won the PCH Annuity for Life as he was supposed to be getting millions of dollars from PCH until his death and then the payments suddenly stopped permanently when the PCH filed for bankruptcy. He said that he was having a hard time finding a jo
May 23, 2026, 5:17 pm - Lotto Motto - Lottery Discussion Forum

Is the Annuity payout safe?
What happens to your annuity payments if your state lottery closes?
May 19, 2026, 10:18 pm - justAndy1970 - Lottery Discussion Forum

Is the Annuity payout safe?Reply
Unlike Publisher's Clearinghouse, when you win a large amount of money and take the annuity, the lottery really does have all the money needed to fund the annuity right now. They buy the annuity for you and then you collect from whoever sold the annuity to the state (probably government bonds). You are not depending on the state to raise the money needed to pay you every year.
May 20, 2026, 9:51 am - Tucker Black - Lottery Discussion Forum

Are you playing Mega Millions with the $5.00 per play?Reply
Just a little FYI comparison on the Measly with the new $5 fee and the old Mega Millions $2 fee.... Good luck to all participants..... See you at the $500M CASH value Source : https://www.texaslottery.com/export/sites/lottery/Games/Mega_Millions/Estimated_Jackpot.html $5 fee Jackpot Run: STARTS AT $50 Million ANNUITY/ $22.4 Million CASH 3/20/26 - Present 24 Draws $392 Million Annuity/ $173.3 Million CASH 12/05/25 - 3/10/26 28 Draws $533 Million Annuity/ $244.2 Million CASH
Jun 9, 2026, 10:09 am - CDanaT - Lottery Discussion Forum

Michigan woman buys the last three lottery tickets on the roll, wins $1 millionReply
Annuity scam. 30% haircut.
Jun 8, 2026, 2:50 pm - Tucker Black - Lottery News

Annuity or Cash Value
Cash values of the MM PB jackpots are around 45% of the advertised Annuity. What would be your choice ?
May 8, 2026, 11:49 am - CDanaT - Lottery Discussion Forum

Roll overReply
The cash value goes up with sales (27.6305% to be exact). Then, they calculate what the annuity value is based on that cash prize and current interest rates. If interest rates go up, the sum total of annuity payments goes up. If interest rates go down, the sum total of annuity payments goes down. It would be nice if these lottery games would just advertise the cash value, and let the winner decide to put the money into an annuity, or not. The sum total of annuity payments under whatever inve
Feb 14, 2026, 2:15 pm - Tucker Black - Lottery Discussion Forum

Selling an Annuity
I am thinking of trying to buy Powerball tickets in United Kingdom. My motive is to claim the jackpot and pay no taxes. But I do not want to keep the annuity. Does anyone have experience in dealing with annuities? How difficult is it to sell an annuity for close to its present day value? Thanks.
Jul 11, 2026, 4:07 pm - winoneday - Lottery Discussion Forum

New Hampshire Lottery launches $30 scratch-off ticket offering record $3 million top prizeReply
Tucker is right. The cash jackpot is the real jackpot. If a winner chooses the annuity the cash amount of the jackpot is simply invested to pay the annuity. The annuity payout is promoted in advertising jackpots to look better.
Apr 9, 2026, 8:25 am - rcbbuckeye - Lottery News