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Cash VS Annuity IV

Topic closed. 13 replies. Last post 13 years ago by visiondude.

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Lottery MUST offer cash option upon...?

Your age doesn't matter [ 14 ]  [87.50%]
55+ [ 0 ]  [0.00%]
60+ [ 0 ]  [0.00%]
65+ [ 0 ]  [0.00%]
Lottery has right to force annuity [ 2 ]  [12.50%]
Total Valid Votes [ 16 ]  
Discarded Votes [ 1 ]  

United States
Member #379
June 5, 2002
11296 Posts
Offline
Posted: July 29, 2003, 4:57 am - IP Logged

In honor of my 40th birthday, I've served up another CASH vs ANNUITY poll.

    Todd's avatar - Cylon 2.gif
    Chief Bottle Washer
    New Jersey
    United States
    Member #1
    May 31, 2000
    23259 Posts
    Offline
    Posted: July 29, 2003, 5:31 am - IP Logged

    I take it you're shooting for a Mega Millions win today?

     

    Check the State Lottery Report Card
    What grade did your lottery earn?

     

    Sign the Petition for True Lottery Drawings
    Help eliminate computerized drawings!


      United States
      Member #379
      June 5, 2002
      11296 Posts
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      Posted: July 29, 2003, 5:36 am - IP Logged
      Todd:

      The cash on $27m is plenty enough for me.

        hypersoniq's avatar - 8ball
        Pennsylvania
        United States
        Member #1340
        April 6, 2003
        2450 Posts
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        Posted: July 29, 2003, 9:58 am - IP Logged

        Age shouldn't matter, "cash

        Playing more than one ticket per game is betting against yourself.

          fja's avatar - gnome1

          United States
          Member #91
          January 19, 2002
          11924 Posts
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          Posted: July 29, 2003, 1:23 pm - IP Logged

           

           

          "Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      

            RJOh's avatar - chipmunk
            mid-Ohio
            United States
            Member #9
            March 24, 2001
            19816 Posts
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            Posted: July 29, 2003, 1:36 pm - IP Logged

            If the rules for the winners should be changed based on age, why not consider  religion, marital situations, annual income and etc.  After all why should people who plan to give most of their winnings  to their church have to pay taxes.  Why should a single winners be treated the same as a married winner with a spouse and kids to feed.  Why should anyone with a low income and little knowledge of how to manage large sums of money  be given all that cash with a lump sum payment. 

            If a person doen't like the rules of the game, they shouldn't play.  The rules ,  the odds and the prize money for a lottery should be posted and they should be same before and after the drawings regardless of who wins.

            RJOh 


              United States
              Member #379
              June 5, 2002
              11296 Posts
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              Posted: July 29, 2003, 1:48 pm - IP Logged
              RJ:

              Elderly people get certain privileges (reduced bus fares, senior citizen discounts, an extra tax deduction, etc.)

              I was wondering if anybody thought lotteries "should" allow older players to collect in lump sum, but still require annuity payments to younger winners, in certain game(s).

                fja's avatar - gnome1

                United States
                Member #91
                January 19, 2002
                11924 Posts
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                Posted: July 29, 2003, 2:19 pm - IP Logged

                How about annuity untill you reach the age of 32 ? Old enough to be wiser...young enough to enjoy your dreams

                "Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      


                  United States
                  Member #1047
                  January 17, 2003
                  348 Posts
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                  Posted: July 29, 2003, 3:09 pm - IP Logged

                  NO.  Annuity to Everyone no matter what their age

                  Don't blow all your winnings in one place - Choose Annuity


                    United States
                    Member #379
                    June 5, 2002
                    11296 Posts
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                    Posted: July 29, 2003, 3:29 pm - IP Logged
                    AIG:

                    Thanks for RUINING my birthday.


                      United States
                      Member #1047
                      January 17, 2003
                      348 Posts
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                      Posted: July 29, 2003, 3:53 pm - IP Logged

                      And Cash, thanks for POISONING all the lottery players by asking them to choose lump dump.

                      Don't blow all your winnings in one place - Choose Annuity


                        United States
                        Member #379
                        June 5, 2002
                        11296 Posts
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                        Posted: July 29, 2003, 4:03 pm - IP Logged
                        AIG:

                        What would you have said to the guest of honor if you were invited to Bob Hope's 100th birthday party?

                          rundown99's avatar - cigar

                          United States
                          Member #567
                          August 14, 2002
                          482 Posts
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                          Posted: July 29, 2003, 9:19 pm - IP Logged

                          Actually, The Hollywood, FL couple who claimed half of that $80 million Florida Lotto jackpot chose annuity.  Ironically, one of the rare times someone claimed a large jackpot prize for annuity in Florida was on Cash Only's birthday.

                          Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

                          If you ever win a lottery and you are single, the only person you should ever marry is someone who was truly in love with you BEFORE you won the jackpot!

                            visiondude's avatar - eye3logo
                            light on my feet
                            United States
                            Member #356
                            May 20, 2002
                            2744 Posts
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                            Posted: July 29, 2003, 9:42 pm - IP Logged

                            Quote: Originally posted by secret4777 on July 30, 2003



                            Ironically, one of the rare times someone claimed a large jackpot prize for annuity in Florida was on Cash Only's birthday.





                            HYSTERICAL !!!!

                            ( goes to show you that life isn't fair sometimes )

                             

                            VDQPLS

                             

                                        "i am .........."meant to"       

                            P.S.,  that RJoH  is a stand up guy.  thanks,  vision

                                     until further notice,  it's  france everyday