|Posted: April 26, 2008, 9:43 am - IP Logged|
I bet almost all of them took the payout rather than the annuity. I think an annuity would be safer. That way you wouldn't be as pressured to give to so many friends/relatives/charities. I would be like..oh well I only get so much every year and my financial advisor has it all planned out for me, sorry.
It's not that easy. When people take an annuity they sometimes wind up selling it a lump sum to a company that buys annuities. When they do that though, they get pennies on the dollar.
Therre's a thread in in the News forum right now that mentions a couple who did this. (The thread is about a tax fraud case, but mentions it).
Those who run the lotteries love it when players look for consistency in something that's designed not to have any.
There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.