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cash vs. annuityReply
Here's my take on the annuity vs lump sum thing. For me it would depend on the jackpot. If I won a small jackpot like the Lottosouth for like 5 mill. I'd take the lump sum. It would end up being about 2.5 mill and then when taxes are taken out it would end up being a check for about 1.65 mill give or take a few hundred thousand. I would then take that money and hand the vast majority of it over to a financial planner to try and be sure that it would last my entire life. Now if I won one of those
Jun 2, 2005, 9:13 am - atlasshrugged - Lottery Discussion Forum

Mega Millions changing June 24 -officialReply
Quote: Originally posted by tg636 on April 18, 2005Yeah, I know, but so what. The question is, do you want to have a slim chance at winning a jackpot or almost no chance. One in 5 million sounds a lot better than one in 175 million, and I think I could live okay on $2.2 million over 20 years.That's a very good point. Before we can debate on cash vs annuity, WE FIRST NEED TO WIN A JACKPOT. First things first.
Apr 18, 2005, 1:12 pm - Maverick - Lottery Discussion Forum

Online calculator to calculate cashReply
michiganplayer,I looked around the web via search engines and couldn't find any online calculator sites for Powerball and Mega Millions. Found several sites that describe the payments for annuity vs lump sum, including at the official sites, but nothing with an online calculator. I did see one online calculator at the Ohio lottery web site, but it looked like it was only for the Ohio lottery (lotteries have different payout years for their annuities so it would only work with a lottery with
Mar 6, 2004, 3:38 am - plnwebguy - Lottery Discussion Forum

Lump sum Vs Annuity
Does anybody has statistical facts about which is better? Lump sum or annuity Jackpot ?Here is some questions!! Suppose the Jackpot is $10 millions paid out in 25 yearsLump sum you get 5 Million- 40% taxes= 3 Millions cash and every year you will pay taxes on income from your 3 million investment IncomeAnnuity you will get $400000 - 40% taxes = $260000 for 25 yearsIs any CPA or accountant or somebody smart with numbers can tell which will come ahed ? Lump sum or Annuity ?Thanks
Jan 23, 2004, 10:29 pm - river ph - Lottery Discussion Forum

Poll Deleted
I have deleted the most recent poll comparing annuity vs. cash. It is against the rules to have (and post under) more than one username. You know who you are, and this is the only warning.
Apr 11, 2003, 8:01 pm - Todd - Lottery Discussion Forum

Just a thoughtReply
Now, you're mixing up players income vs. winning the lottery? That just goes to show you, you know absolutely NOTHING about the lottery payouts. Obviously, you don't know the difference of earned income vs. lottery income. How does a tennis player wages have to do anything with Cash and Annuity?
Apr 9, 2003, 11:19 am - AnnuityIsGreat - Lottery Discussion Forum

five tHOUSAND!!Reply
CashIsGettinAngryCauseHeDon'tKnowAnythingBoutCashOption:Write a book? Why should I? So I can teach you the definiton of Cash Option vs. Annuity?
Apr 9, 2003, 11:07 am - AnnuityIsGreat - Lottery Discussion Forum

Just a thoughtReply
Casho,At least I know the meaning of Annuity vs. Cash Option. Obviously, you don't since you got a big fat NO (6 in total) votes for your definition. You got 1 Yes vote which obviously was yours.
Apr 9, 2003, 10:30 am - AnnuityIsGreat - Lottery Discussion Forum

It probably won't make much of a difference but ya never knoReply
Cash,Well I'm only in my late 20s, although I have been called an old soul ...If I have reason to meet with the lottery folks (read: if I win) I would ask for a few moments to discuss lump sum vs. annuity. I'm sure they've probably already heard about it and as I said in my email to them MA Millions and Megabucks are too similar IMO. One of them (probably MM) needs to change..
Jun 12, 2002, 6:40 pm - someday22 - Lottery Discussion Forum

What Powerball is suggesting..Reply
I don't think it would be wise for Powerball to make the plays $2 (OK with the Powerplay option.) I think Ohio players are eager to try BG-MM, especially with the long odds to win the $5 fourth prize in Super Lotto Plus. Ohio still gyps those who take the lump sum in Super Lotto Plus (cash value is 44% of annuity, vs 53-54% in BG-the extra four years in the OH annuity DO NOT account for the large percentage differential).
Apr 10, 2002, 10:15 pm - Guest - Lottery Discussion Forum