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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

CASH/LUMP SUM VS ANNUITY
Hey everyone I just came up with probably the best reason to choose the cash/lump sum options and that is dealing with people aint worht a damn these days. I recently made a purchase online from a major retailer and called customer service to check on the status of the order and know one knew anything and had very bad attitudes and afterwards decided that maybe this was a hint that if I was to win that the cash/lump sum might not be a bad thing after all. I can just imagine dealing with people l
Apr 3, 2002, 1:47 pm - therock - Lottery Discussion Forum

Lump Sum or payments?Reply
Lump sum pays less in taxes over time vs annuity! Yes, no matter what you are going to be hit the first payment with 25% right off the top and another 10% at the end of the year for either the lump sum or annuity! But this is where the difference begins. The lump sum is now all paid up in the tax department and now you can invest it to yield the most possible income in the years to come. Now with that you now have to pay taxes on capitol gains (I see light bulbs going off) Yep you pay that at th
Feb 20, 2008, 1:44 pm - BaristaExpress - Lottery Discussion Forum

If you won either the MM/PB JP: How soon would you claim your prize?Reply
As soon as I can make a decision between lump sum vs annuity. Everything else could come later.
May 24, 2013, 5:55 pm - redhot7 - Lottery Discussion Forum

If you really were brave/crazy enough to choose the annunity...Reply
I found this article from the Straight Dope that explains the strength and weakness of lump sum vs annuity.
Mar 17, 2013, 9:47 pm - redhot7 - Lottery Discussion Forum

Lottery lunch ladies still humble a year after jackpot winReply
From what I remember, 15 immediately chose cash, while the other was taking her time deciding on lump sum vs annuity.
Aug 11, 2004, 9:59 am - CASH Only - Lottery News

Which is best, Lump Sum vs Annuity? (Super Lotto!)
I am 42yo, I have not won, but I play sometimes for fun, then I started to think which one would I choose. Lump Sum or Annuity? What about you guys? We all claim to be good investors, even me, but 70% of people who win loose their fortune within the first 3-7 years. That is something to consider. After crunching the calculator to death I think that annuity payments might give me a better return. What do you guys think? Hypothesis: 1-2 1) If I win 26M Jackpot and choose the lump sum
Apr 5, 2017, 5:32 am - Timber! - Lottery Discussion Forum

if you won over $70 mil- would you settle for the lump sum or annual installmentsReply
I love these lump sum vs annuity discussions almost as much as I love the monthly, would you collect anonymously if you win? discussions.
Mar 7, 2013, 12:27 pm - whiteballz - Lottery Discussion Forum

Church rejects donation from lottery winnerReply
He's welcome to donate to time*treat's church-of-the fire, brimstone and scratch-offs; where the comdemned spend eternity listening to people who are bad at math (attempt to) argue the tax implications of lump sum vs annuity, and each sermon ends with a lovely jaunt through the Book of Revelation ... or USC 26, depending.
Aug 17, 2008, 1:51 am - time*treat - Lottery News

Gang used winning Pick 4 lottery tickets to launder drug moneyReply
HAPPY TUESDAY..........NOVEMBER.....1STHEY CASH CARRY............I have an impatient heart. I feel that it's bad enough that the Board puts us thru the basic waiting period to verify the Winning Ticket, but I'd hate to think we'd have to wait several weeks thru an unnecessary background Check ..and, on top of all that, we don't even get half of what we win.Steve West will not recieve 50% of that $340,000,000.00....the Fed State taxes will, together eat up more than 50% of the original figur
Nov 1, 2005, 12:37 pm - libra926 - Lottery News