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Question about Lump Sum or Annuity

Topic closed. 16 replies. Last post 5 years ago by GHolnyuk.

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SaintAndiesPl's avatar - animal butterfly.jpg
Yonkers, NY
United States
Member #127830
May 10, 2012
120 Posts
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Posted: May 15, 2012, 1:10 pm - IP Logged

welcome to Lottery Post SantAndies -and very good luck to you.

Thanks so much maximumfun Cheers ..i feel like i have been a part of this group for like  the last year reading all these helpful threads.. now I finally signed up with you guys to join in the funHyper

It Takes More Than a Dollar and a Dream :)

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    New Member
    NY
    United States
    Member #127621
    May 5, 2012
    19 Posts
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    Posted: May 15, 2012, 10:41 pm - IP Logged

    GHolnyuk,

    Depends on who you read of course but I remember one article that said 50% of jackpot winners are worse off five years after winning a jackpot than they were before they won it.

    Oh ye!?  Guess then it's better to play for 2nd prize instead.  Surely, if a homeboy from the hood wins $200m, he wont invite his homeys to chill at the $5m crib in Bel Air.  Be prepared to lose a lot of riends, and make a lot new ones.  Ifcourse, if the jack is gone in 5 years, then it's back to the PJs.

    Reminds me of a 31 year old woman who had nothing left but a video tape of her 21st birthday party in LA with celebs and photogs and friends at some club.  When the dough was gone, so were her friends, and now she lives in a studio apt with a cat.