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if you won over $70 mil- would you settle for the lump sum or annual installments

Topic closed. 53 replies. Last post 4 years ago by helpmewin.

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United States
Member #116268
September 7, 2011
20244 Posts
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Posted: March 7, 2013, 3:08 pm - IP Logged

Stooges

Whos doing the curly shuffle?

Boney is on the right and Jammy is on the left.

         Stooges

            Jammy          Med          Boney

    haymaker's avatar - Lottery-012.jpg
    Egg Harbor twp.south Jersey shore
    United States
    Member #112968
    June 29, 2011
    3857 Posts
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    Posted: March 7, 2013, 3:18 pm - IP Logged

    Is Texas still the only state that you have to choose when you buy the tickets? I remember when I first bought tickets in California, I always wanted to say 'cash value' out of habit. I'm going to have to start remembering that again here in two weeks.

     

    Back when I wasn't sure which option to choose, it would have been nice to be able to wait until I knew if I won or not to make the choice. I used to buy one ticket with the cash value and another with the annuity (different numbers though).

    Texas is not alone, in Jersey you still have to choose when you buy.

    Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

      helpmewin's avatar - dandy
      u$a
      United States
      Member #106665
      February 22, 2011
      19967 Posts
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      Posted: March 7, 2013, 3:20 pm - IP Logged

      Absolutely agree. I think I would take the lump sum regardless of the amount I won. One of the first things I would do is to start interveiwing/researching attorneys, financial advisers and accountants, in order to have the best people ready when I get my check. I would invest about 85% of my winnings to earn income and use the rest to "have fun with".

      Oh, and to joshuacloak, I just want to let you know that when you start of your post with "anyone who picks the annual is a moron", you immediately come off as someone who hasn't grasped the fundamentals of grammar and punctuation, so why would anyone give any credence to what you have to say? I stopped reading after the first few sentences.

      I Agree! About NOT Reading anymore i Recall the topic being as: if you won over $70 mil- would you settle for the lump sum or annual installments.

      Not judging or Bashing others for their Beliefs!Yes Nod

      Patriot


        United States
        Member #116268
        September 7, 2011
        20244 Posts
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        Posted: March 7, 2013, 3:51 pm - IP Logged

        I Agree! About NOT Reading anymore i Recall the topic being as: if you won over $70 mil- would you settle for the lump sum or annual installments.

        Not judging or Bashing others for their Beliefs!Yes Nod

        I Agree!

        Im sure glad I dont need a firm grasp on the fundamentals of grammar and punctuation

          helpmewin's avatar - dandy
          u$a
          United States
          Member #106665
          February 22, 2011
          19967 Posts
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          Posted: March 7, 2013, 4:18 pm - IP Logged

          I Agree!

          Im sure glad I dont need a firm grasp on the fundamentals of grammar and punctuation

          All is Forgivin! now lets focus on ALL of us WINNING!!Hurray!

          Patriot


            United States
            Member #116268
            September 7, 2011
            20244 Posts
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            Posted: March 7, 2013, 4:29 pm - IP Logged

            All is Forgivin! now lets focus on ALL of us WINNING!!Hurray!

            Thank you for not bashing me. Lottery players are winners.

              helpmewin's avatar - dandy
              u$a
              United States
              Member #106665
              February 22, 2011
              19967 Posts
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              Posted: March 7, 2013, 4:42 pm - IP Logged

              Thank you for not bashing me. Lottery players are winners.

              Blue Angelsomebodys watching me!!

              Patriot


                United States
                Member #116268
                September 7, 2011
                20244 Posts
                Offline
                Posted: March 7, 2013, 4:51 pm - IP Logged

                Blue Angelsomebodys watching me!!

                I Agree!Blue AngelPatriot

                  helpmewin's avatar - dandy
                  u$a
                  United States
                  Member #106665
                  February 22, 2011
                  19967 Posts
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                  Posted: March 7, 2013, 9:10 pm - IP Logged

                  I Agree!Blue AngelPatriot

                  I Agree!

                  Patriot