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cash vs. annuity

Topic closed. 267 replies. Last post 11 years ago by CASH Only.

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if you won a jackpot,pick lump sum cash or annuity

i'd pick lumo sum cash [ 82 ]  [73.21%]
i'd pick annuity [ 22 ]  [19.64%]
undecided [ 8 ]  [7.14%]
Total Valid Votes [ 112 ]  
Discarded Votes [ 7 ]  
LOTTOMIKE's avatar - Lottery-063.jpg
Tennessee
United States
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October 15, 2004
11338 Posts
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Posted: May 12, 2005, 8:06 pm - IP Logged

i think eric got annuity.

    MMGuy's avatar - waveform
    Houston, Tx
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    March 28, 2005
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    Posted: May 12, 2005, 8:09 pm - IP Logged

    I think he would take his money as a lumpsum.

      LOTTOMIKE's avatar - Lottery-063.jpg
      Tennessee
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      October 15, 2004
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      Posted: May 12, 2005, 8:48 pm - IP Logged

      he stalled too long,time ran out.......deadline

        LOTTOMIKE's avatar - Lottery-063.jpg
        Tennessee
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        Posted: May 14, 2005, 3:57 am - IP Logged

        truthfully i think i would just take a lump sum and get it over with.......no hassles down the line.....


          United States
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          June 5, 2002
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          Posted: May 14, 2005, 10:39 am - IP Logged

          lump sum

            LOTTOMIKE's avatar - Lottery-063.jpg
            Tennessee
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            Posted: May 14, 2005, 4:53 pm - IP Logged

            cash only what would you do if they told you that you must take an annuity,lol,what would you do??


              United States
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              Posted: May 15, 2005, 1:07 pm - IP Logged

              I read the fine print BEFORE I play.

                LOTTOMIKE's avatar - Lottery-063.jpg
                Tennessee
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                Posted: May 15, 2005, 5:23 pm - IP Logged



                I read the fine print BEFORE I play.



                thats a very smart thing to do.....


                  United States
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                  June 5, 2002
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                  Posted: May 18, 2005, 4:38 pm - IP Logged

                    Annual Payments's avatar - annual 20payments.jpg
                    Houston, TX
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                    December 23, 2004
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                    Posted: May 18, 2005, 5:20 pm - IP Logged

                    I remember playing super lotto plus in CA and the cashiers never gave me the option of annual payments or cash.  I'm not sure i would have been so happy if i would have won cash and couldn't take an annuity because of the cashier. 


                      United States
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                      Posted: May 18, 2005, 5:21 pm - IP Logged

                      ap:

                      The cashier was right in selling you a CASH ticket.

                        LOTTOMIKE's avatar - Lottery-063.jpg
                        Tennessee
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                        Posted: May 19, 2005, 7:14 am - IP Logged



                        I remember playing super lotto plus in CA and the cashiers never gave me the option of annual payments or cash.  I'm not sure i would have been so happy if i would have won cash and couldn't take an annuity because of the cashier. 



                        it would have been a tragedy indeed......

                          LOTTOMIKE's avatar - Lottery-063.jpg
                          Tennessee
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                          October 15, 2004
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                          Posted: May 21, 2005, 3:42 am - IP Logged

                          they don't ask us that before we buy the powerball tickets here in tennessee.........

                            Thomas Covenant's avatar - money
                            South Carolina
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                            July 16, 2002
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                            Posted: May 22, 2005, 11:52 am - IP Logged

                            What about half lump sum and half annuity?


                            Okay, now I believe you can predict lottery numbers

                              four4me's avatar - gate1
                              MD
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                              June 18, 2003
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                              Posted: May 22, 2005, 12:07 pm - IP Logged



                              What about half lump sum and half annuity?



                              You know they should have that option as well. i think many people would go that route. Tax wise it might not be a great idea. but for people whom have a problems handling their money it might be a good thing.

                                 
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