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Lottery Prizes

Topic closed. 12 replies. Last post 9 years ago by Just6ntlc.

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If you won a prize other than cash ex. a truck or trip, would you take the prize or the cash option?

Prize [ 1 ]  [4.55%]
Cash [ 21 ]  [95.45%]
Total Valid Votes [ 22 ]  
Discarded Votes [ 1 ]  
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Oklahoma City
United States
Member #54055
August 2, 2007
22 Posts
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Posted: August 10, 2007, 4:55 pm - IP Logged

Do people enjoy buying the Scratchers with prizes other than cash?  I notice a lot of lotteries offer trucks, cars, trips, motorcycles.  Just wanted to know if you would rather have cash.

    LuckyLilly's avatar - savy chick.png

    United States
    Member #50124
    February 26, 2007
    601 Posts
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    Posted: August 10, 2007, 4:58 pm - IP Logged

    I never buy scratchers with prizes cuz I'd rather have the cash.  With prizes you gotta come up with money to pay the taxes.  Since I probably wouldn't have the money for taxes, I'd end up selling the prize.  I'd still come out with some $$$ in the bank, but it's so much easier just to win the $$$ in the first place.

      tnlotto1's avatar - logo
      nashville
      United States
      Member #49896
      February 18, 2007
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      Posted: August 10, 2007, 5:17 pm - IP Logged

      i want the cash and if i want a prize later on ill go buy it myself with the money Cheers

        justxploring's avatar - villiarna
        Wandering Aimlessly
        United States
        Member #25360
        November 5, 2005
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        Posted: August 10, 2007, 5:34 pm - IP Logged

        I would probably not buy a ticket where a prize was offered unless there was a cash option.  Usually the winner is taxed for the full retail value.  Plus, if the prize is a trip, it's always based on ppdo.  I'll enter a contest with prizes just for the heck of it if it's free, but cash is always my first choice.

          AuntiePat's avatar - animaniacs10
          Just outside of Cleveland, OH
          United States
          Member #54079
          August 3, 2007
          106 Posts
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          Posted: August 10, 2007, 5:36 pm - IP Logged

          i want the cash and if i want a prize later on ill go buy it myself with the money Cheers

          Would definitely take the cash.  Worked with a guy who was on that Wheel show with Vanna White back in the 90's.  He was the jackpot winner for the show (I believe this was before they were making large cash prizes available)  and told me that he had to pay taxes on his show winnings and the amounts were all inflated  for the merchandise he got--said it was the most expensive vacation to CA he had ever taken due to the taxes.


            Brazil
            Member #51781
            April 24, 2007
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            Posted: August 10, 2007, 5:36 pm - IP Logged

            The scratchers on Brasil had cars on the cards, but the prize was in cash ... The winner of a bigger prize would need to get the money in the bank. 

            By the way, wasn't this posted in the wrong Forum !?

              Avatar
              Oklahoma City
              United States
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              August 2, 2007
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              Posted: August 10, 2007, 5:48 pm - IP Logged

              oh...  I guess I should have put it in the Scratchers thing.  Sorry this is still pretty general and we are discussing it... 

                stavros's avatar - avatar 6898.gif
                Florida
                United States
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                August 8, 2004
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                Posted: August 10, 2007, 6:09 pm - IP Logged

                I'm in it for the $$$$.  I'll buy my own "prizes" with the cash I win!

                Good Luck!

                Stavros

                 

                  Todd's avatar - Cylon 2.gif
                  Chief Bottle Washer
                  New Jersey
                  United States
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                  May 31, 2000
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                  Posted: August 10, 2007, 9:58 pm - IP Logged

                  <Moved to Instant ("Scratch-Off") Games forum>

                  Please post in the appropriate forum ... thank you.

                    psykomo's avatar - animal shark.jpg

                    United States
                    Member #4877
                    May 30, 2004
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                    Posted: August 11, 2007, 7:37 pm - IP Logged

                    Great POLL murph1226:

                    Marketing (prize) people are the  BUMBS of our society!!!!!!!!!!!!!!

                    MOST prey OFF people & always have a BUT.......or TRAP!!!!!!!!!!!!!!

                    PSYKOMO voted>>>>>>>>>>>>>>>>>>>.......take D CASH^^^^

                    THIS would include (scratch-off) or............. any mail from a contest offered!!!.......or any local or national.........promotion type contest.

                    IF they don't PAY<<<U KAN SUE.............

                    LOL

                    PSYKOMO 

                      emilyg's avatar - cat anm.gif

                      United States
                      Member #14
                      November 9, 2001
                      31542 Posts
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                      Posted: August 11, 2007, 8:33 pm - IP Logged

                      Great POLL murph1226:

                      Marketing (prize) people are the  BUMBS of our society!!!!!!!!!!!!!!

                      MOST prey OFF people & always have a BUT.......or TRAP!!!!!!!!!!!!!!

                      PSYKOMO voted>>>>>>>>>>>>>>>>>>>.......take D CASH^^^^

                      THIS would include (scratch-off) or............. any mail from a contest offered!!!.......or any local or national.........promotion type contest.

                      IF they don't PAY<<<U KAN SUE.............

                      LOL

                      PSYKOMO 

                      Yes!!!

                      love to nibble those micey feet.

                       

                                                   

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                        Coastal Georgia
                        United States
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                        October 30, 2003
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                        Posted: August 11, 2007, 10:09 pm - IP Logged

                        I will vote for Cash only !! 

                         

                                                       

                                      

                         

                         


                          United States
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                          June 2, 2005
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                          Posted: August 16, 2007, 5:03 pm - IP Logged

                          My vote is cash option. I definately need more cash than usual.