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$380 MILLION: Massive sales push Powerball jackpot higherReply
Well if it was to ever roll to a billion n kept current rate of annuity vs cash of 67.58% cash value would $675,800,000 me likey a lot
Feb 7, 2015, 3:01 pm - mrlottojackpot - Lottery News

Pennsylvania lottery winners now subject to state tax on prizesReply
These type tax increases gives credence to those that say take the money (lump sum cash) and run. see Annuity vs Cash Value topic https://www.lotterypost.com/thread/305012
Jul 20, 2016, 7:24 pm - Elliptic7 - Lottery News

POWERBALL CREATES WORLD'S FIRST BILLION-DOLLAR JACKPOTReply
On the question of annuity vs cash, what if for some strange reason you bet the same numbers twice and had two winning tickets. Could you claim one as an annuity and take the other one as the lump sum?
Jan 11, 2016, 5:14 pm - Albeone - Lottery News

Kansas Powerball lottery winner claims jackpot anonymouslyReply
The thread in which Chuck explained things was in a thread about a pool winning PB, when the usual debates about annuity vs cash started. You can start here: https://www.lotterypost.com/news/139681.htm?p=2 As Todd pointed out, MM pays out on a different schedule, but other than that the procedure is similar. Seek bids, buy the annuity, send a check each year. It is, naturally, the annuity that is determined by interest rates. Ticket sales generate cash, and the cash is used to buy the
Oct 6, 2006, 12:32 am - KY Floyd - Lottery News

$1.04 BILLION: Massive Powerball jackpot increases againReply
It's not greedy lottery administrators taking 50%. Watch this video produced by Lottery Post to find out more about Annuity vs Cash Value.
Oct 1, 2023, 7:03 pm - TheMeatman2005 - Lottery News

$320 MILLION: Powerball lottery jackpot goes through the roofReply
Help Me Win, Great analysis on the annuity vs Cash out payments.
Mar 21, 2013, 10:43 pm - Gleno - Lottery News

$190 MILLION: Mega Millions lottery jackpot rollsReply
LOL. Great minds think alike. Just reading this now and we're on the same page. If I were ever in charge of a lottery game which had really long odds, I would do away with the annuity. If the JP is $190M, $190M is what would be paid out. Minus taxes. But no annuity vs cash payout BS. They win the advertised JP in it's entirety right away. I think people would go for that and wouldn't pay so much attention to the fact that they would have a better chance of being raised from the dead
May 16, 2013, 7:11 pm - Teddi - Lottery News

$750 MILLION: Powerball lottery jackpot surges to 4th-largest everReply
You are a much more patient than I would be maximumfun... Letting the state where you purchased your ticket dictate what your payment would be over 29 more years and taking a chance on what the federal tax rate maybe in 10/15/20/25 years. Especially if it is controlled by 1 of the political groups who just love increasing taxes. As we all know, money doubles based on rule 72. So,take the $465.5 with 37% taxes right now or gamble on taxes going lower/higher in 2030 or 2040 ?? Don't Forget about t
Mar 26, 2019, 9:10 am - CDanaT - Lottery News

Illinois lottery winners' checks bouncedReply
... in case there was any doubt remaining about cash vs annuity ...
Jan 7, 2012, 5:12 pm - time*treat - Lottery News

Financial analyst looks at lottery jackpot cash/annuity optionsReply
Yes, my point was that everyone who compares annuity vs. cash option treats it like a theoretical problem in accounting, without considering real world factors. You have 34 million in cash, and you are NOT going to immediately go invest it in stocks and bonds without spending a penny. Also, a lot of investments you make do tie up your money, so you aren't going to invest ALL of it. You are going to spend some, invest some. And you might spend more than you should, due to the emotions of th
Aug 26, 2005, 10:48 pm - ChazzMatt - Lottery News