|Posted: September 28, 2003, 8:24 am - IP Logged|
for who, just do a search using "cash for structured settlements" as keywords.
for how much... it's the same as if you choose cash vs. annuity at the time of winning. you get "today's value" minus a processing fee... for a simple example, say you had 100,000,000 annuity ,you would probably get somewhere around 45,000,000.
if your lottery gives you the option, take the cash and skip the middleman. Unless you feel you can't trust yourself with that much money and you are young enough... then the annuity might be a better choice... personally, I'll take the cash :-)
Playing more than one ticket per game is betting against yourself.