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Annuity payments

Topic closed. 3 replies. Last post 11 years ago by CASH Only.

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Will any game(s) go beyond 30 years?

Yes [ 5 ]  [55.56%]
No [ 3 ]  [33.33%]
Won't guess [ 1 ]  [11.11%]
Total Valid Votes [ 9 ]  
Discarded Votes [ 0 ]  

United States
Member #379
June 5, 2002
11296 Posts
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Posted: May 17, 2006, 1:10 pm - IP Logged

Several games (not counting the Lose for Life variety) have the annuity paid out in 30 annual payments. Of these, Powerball's is a graduated annuity; its payments increase yearly by 4%.

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    Morrison, IL
    United States
    Member #4657
    May 13, 2004
    1884 Posts
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    Posted: May 17, 2006, 1:46 pm - IP Logged

    I predict Mega's will if they ever add another state. Either that or they'll backload their annuity too.


      United States
      Member #16612
      June 2, 2005
      3493 Posts
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      Posted: May 18, 2006, 10:20 am - IP Logged

      My vote is no because what would happen if someone dies? 30+ years is too much.


        United States
        Member #379
        June 5, 2002
        11296 Posts
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        Posted: May 18, 2006, 3:53 pm - IP Logged

        My vote is no because what would happen if someone dies? 30+ years is too much.

        The Pepsi annuity was 40 annual payments with a balloon. I've heard of "million-dollar" giveaways with 50 annual payments.