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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 - cash money.jpg
Tennessee
United States
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October 15, 2004
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Posted: March 31, 2005, 8:34 pm - IP Logged

hope that there are many more powerball winners in tennessee!

    LOTTOMIKE's avatar - cash money.jpg
    Tennessee
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    Posted: April 1, 2005, 1:28 am - IP Logged

    i read where the winners bought the ticket out of their own lottery machine at their business......

      LOTTOMIKE's avatar - cash money.jpg
      Tennessee
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      Posted: April 1, 2005, 4:45 pm - IP Logged

      how long do they get to decide if they want the annuity or cash option....

        LOTTOMIKE's avatar - cash money.jpg
        Tennessee
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        Posted: April 2, 2005, 5:17 am - IP Logged

        i'm guessing they'll probably go with the cash option.....


          United States
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          Posted: April 3, 2005, 1:08 pm - IP Logged

          Usually they say right away they'll take the cash.

            LOTTOMIKE's avatar - cash money.jpg
            Tennessee
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            Posted: April 3, 2005, 6:46 pm - IP Logged

            hopefully they won't take annuity!

              LOTTOMIKE's avatar - cash money.jpg
              Tennessee
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              Posted: April 4, 2005, 6:15 am - IP Logged

              if and when they do choose lump sum how much do they receive after taxes?

                MMGuy's avatar - waveform
                Houston, Tx
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                March 28, 2005
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                Posted: April 4, 2005, 6:49 pm - IP Logged
                Quote: Originally posted by LOTTOMIKE on April 4, 2005


                if and when they do choose lump sum how much do they receive after taxes?




                Around 10 Million.

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                  New Mexico
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                  March 10, 2005
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                  Posted: April 4, 2005, 6:58 pm - IP Logged

                  I think if I was lucky enough to know how to win a jackpot I'd leave the question of cash or annuity up to the people who ended up with the tickets.  None of my business, I'd think.

                  Jack

                    LOTTOMIKE's avatar - cash money.jpg
                    Tennessee
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                    Posted: April 6, 2005, 7:19 am - IP Logged

                      LOTTOMIKE's avatar - cash money.jpg
                      Tennessee
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                      Posted: April 7, 2005, 7:10 pm - IP Logged

                      i wonder what the precentage is in people choosing annuity and lump sum in one year in all major jackpot games......


                        United States
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                        Posted: April 7, 2005, 7:10 pm - IP Logged

                        Mike:

                        100% annuity in Mass Megais bad$, because it's still annuity-only...

                          LOTTOMIKE's avatar - cash money.jpg
                          Tennessee
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                          October 15, 2004
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                          Posted: April 7, 2005, 11:18 pm - IP Logged

                          they need to make it lump sum.....

                            LOTTOMIKE's avatar - cash money.jpg
                            Tennessee
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                            October 15, 2004
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                            Posted: April 8, 2005, 5:55 pm - IP Logged

                            i looked on the powerball website,the last two or three winners are still undecided.......

                              LOTTOMIKE's avatar - cash money.jpg
                              Tennessee
                              United States
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                              October 15, 2004
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                              Posted: April 11, 2005, 6:42 am - IP Logged

                              i think the tennessee winners will go lump sum

                                 
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