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Would You Cash Out Your Annuity?

Topic closed. 15 replies. Last post 7 years ago by jwhou.

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Monkey Butt, USA
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Posted: April 1, 2010, 10:44 pm - IP Logged

If you won a lottery jackpot and opted for the annual payments. Would you consider going to a company like Peachtree Financial or J.G. Wentworth to sell your annuity if you went out and overspent your annual check?

    dr65's avatar - black panther.jpg
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    Posted: April 1, 2010, 10:45 pm - IP Logged

    NO.

      rdgrnr's avatar - walt
      Way back up in them dadgum hills, son!
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      Posted: April 1, 2010, 10:45 pm - IP Logged

      If you won a lottery jackpot and opted for the annual payments. Would you consider going to a company like Peachtree Financial or J.G. Wentworth to sell your annuity if you went out and overspent your annual check?

      Depends on the juice.


                                                   
                           
                                               

       

       

       

       

                                                                                                         

      "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                  --Edmund Burke

       

       

        THRUST's avatar - f35l

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        Posted: April 1, 2010, 10:59 pm - IP Logged

        I wouldn't take the annuity to begin with. 

        $1,000,000

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          New York,
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          Posted: April 1, 2010, 11:11 pm - IP Logged

          If you won a lottery jackpot and opted for the annual payments. Would you consider going to a company like Peachtree Financial or J.G. Wentworth to sell your annuity if you went out and overspent your annual check?

          No No

          forget what "they" say about youWhat you say about you?...

          Now, does it count??

           

           

          *Jr$ina

            dr65's avatar - black panther.jpg
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            Posted: April 1, 2010, 11:20 pm - IP Logged

            Depends on the juice.

            Prune juice after they're done with you. No Nod

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              Posted: April 1, 2010, 11:28 pm - IP Logged

              Prune juice after they're done with you. No Nod

              dr! HAHaha.LoL.Hahhahhhhhhhhhhhhhhha Oh,..Oh my goodnes too funy LOL Oh boy! too too funyyyBig SmileLOLROFL

              forget what "they" say about youWhat you say about you?...

              Now, does it count??

               

               

              *Jr$ina

                rdgrnr's avatar - walt
                Way back up in them dadgum hills, son!
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                Posted: April 1, 2010, 11:46 pm - IP Logged

                Prune juice after they're done with you. No Nod

                I'll have to talk to tiggs to see what that prune juice is all about. I hear old people drink a lot of it.


                                                             
                                     
                                                         

                 

                 

                 

                 

                                                                                                                   

                "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                            --Edmund Burke

                 

                 

                  ThatScaryChick's avatar - x1MqPuM
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                  Posted: April 2, 2010, 12:21 am - IP Logged

                  I wouldn't take the annuity to begin with. 

                  I Agree!. One needs to make sure whether or not they want cash or the annuity in the beginning. This way, they can be happy with their decision in the first place and can avoid having to cash out the annuity later and losing money on it.

                  "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

                    ca-dreamin*'s avatar - Lottery-065.jpg
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                    Posted: April 2, 2010, 12:46 am - IP Logged

                    I wouldn't take the annuity to begin with. 

                    I wouldn't either!

                    I have no idea how big a chunk these companies would take but I would explore other options such as a loan or even racking up credit cards and then paying them IN FULL when the next annuity check arrived. And there's the option of getting a job assuming I'm not working anymore.

                    Ok a sugar daddy might work at this point hahahahaha!

                      sully16's avatar - sharan
                      Ringleader
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                      Posted: April 2, 2010, 8:23 pm - IP Logged

                      no....I don't think i'd be that careless..i'm not careless now.

                      AND WHO FOR THE LOVE OF GOD WOULD DRINK PRUNE JUICE!Puke

                      Did you exchange a walk on part in the war ?

                      For a lead role in a cage?

                       

                                                                  From Pink Floyd's " Wish you were here"

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                        New York,
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                        Posted: April 2, 2010, 8:51 pm - IP Logged

                        SullyyyyHAHAHAHAAALMHOOOOOOOOOOOOooooooooooooFF of my Goodnes I can't stop Laughing,,Green laughROFLLOL

                        forget what "they" say about youWhat you say about you?...

                        Now, does it count??

                         

                         

                        *Jr$ina

                          rdgrnr's avatar - walt
                          Way back up in them dadgum hills, son!
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                          Posted: April 2, 2010, 9:48 pm - IP Logged

                          Prune juice after they're done with you. No Nod

                          I just got it. LOL

                          (that was lewd)


                                                                       
                                               
                                                                   

                           

                           

                           

                           

                                                                                                                             

                          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                      --Edmund Burke

                           

                           

                            tiggs95's avatar - Lottery-036.jpg

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                            Posted: April 2, 2010, 10:39 pm - IP Logged

                            I wouldn't either!

                            I have no idea how big a chunk these companies would take but I would explore other options such as a loan or even racking up credit cards and then paying them IN FULL when the next annuity check arrived. And there's the option of getting a job assuming I'm not working anymore.

                            Ok a sugar daddy might work at this point hahahahaha!

                            Sugar daddy is right up ridge runners ally..Look out ca- you've asked for it..Can't believe he hasen't responded to this as of yet..Maybe he's out trying to catch a piggy for beddy byes..

                              rdgrnr's avatar - walt
                              Way back up in them dadgum hills, son!
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                              Posted: April 2, 2010, 11:15 pm - IP Logged

                              Sugar daddy is right up ridge runners ally..Look out ca- you've asked for it..Can't believe he hasen't responded to this as of yet..Maybe he's out trying to catch a piggy for beddy byes..

                              No Sugar Daddy here anymore tiggs. I'm more into havin' a Sugar Mama in my old age.

                              Remember what Louis Prima used to say:

                              There will come a day
                              youth will pass away
                              then what will they say
                              about me

                              When the end comes I know
                              they'll say just a gigolo
                              as life goes on
                              without me

                              'Cause I aint got nobody
                              nobody cares for me, nobody cares for me
                              I'm so sad and lonely
                              sad and lonely sad and lonely
                              Won't some sweet mama
                              come and take a chance with me
                              cause I aint so bad


                                                                           
                                                   
                                                                       

                               

                               

                               

                               

                                                                                                                                 

                              "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                          --Edmund Burke