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Powerball Expansion.

Topic closed. 43 replies. Last post 12 years ago by CASH Only.

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Do you see Powerball expanding to places like Canada?

Yes. [ 5 ]  [21.74%]
No. [ 18 ]  [78.26%]
Total Valid Votes [ 23 ]  
Discarded Votes [ 2 ]  
Annual Payments's avatar - annual 20payments.jpg
Houston, TX
United States
Member #9841
December 23, 2004
236 Posts
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Posted: January 26, 2005, 11:24 pm - IP Logged

Cash only, you'd have to make an exception for a $1b jackpot.

I can't imagine a lottery jackpot getting that big. Whoever won that whether they chose annual payments of lump sum would be worth considerably more than most celebrities.

    dvdiva's avatar - 8ball

    United States
    Member #2338
    September 17, 2003
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    Posted: January 27, 2005, 1:07 am - IP Logged

    Actually irregardless of how big the jackpot I'd choose cash. It's my money and I would like to decide what to do with it not an annuity firm or a state.


      United States
      Member #379
      June 5, 2002
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      Posted: February 1, 2005, 6:05 pm - IP Logged

      I feel the same way.

        DoctorEw220's avatar - alien helmet.jpg
        Yinzer Country, PA
        United States
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        March 18, 2004
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        Posted: February 1, 2005, 11:33 pm - IP Logged

        it depends on how big an annuity period it is. the longer the annuity, the more likely that i would take the cash option. powerball is at a 30 year annuity at the moment, but now that 40 year anuities are starting to pop up, and that people are living longer, could mean a change in the annuity period again. i remember back when anuities were a mere 20 years. now look at them.

        I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

          dvdiva's avatar - 8ball

          United States
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          September 17, 2003
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          Posted: February 2, 2005, 2:22 am - IP Logged

          I'd take the cash mainly because I don't have a house. I would much rather have the house in a trust to protect it from lawsuits than to have a mortgage against winnings. Mind you a big annuity is much better than what I have now but I'd much rather have the cash to make my own annuity rather than leave it up to the state.


            United States
            Member #379
            June 5, 2002
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            Posted: February 3, 2005, 11:24 am - IP Logged

            House or not, everybody should take lump sum.

              Annual Payments's avatar - annual 20payments.jpg
              Houston, TX
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              December 23, 2004
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              Posted: February 4, 2005, 8:26 pm - IP Logged

              If u take a 1 billion annuity, u can still have enough money to do what you want.  for 30 years, that's 33m a year minus taxes.  that should be about 21 ,22 million a year.  That's a lot.  I'd definately take that.  then in 30 years i'll have over 600 million versus your about 300 million. =)

              it's still your money whether it's an annuity or not. 


                United States
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                Posted: February 5, 2005, 10:59 am - IP Logged

                It's my money and I want the LUMP SUM.


                  United States
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                  Posted: March 4, 2005, 4:29 pm - IP Logged

                    LOTTOMIKE's avatar - cash money.jpg
                    Tennessee
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                    October 15, 2004
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                    Posted: March 4, 2005, 10:42 pm - IP Logged

                    lol,what would you do cash only if those lottery officials smiled when you turned in your winning ticket and said......"sir,we only offer annuity at this time"

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                      United States
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                      July 11, 2003
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                      Posted: March 4, 2005, 11:20 pm - IP Logged
                      Quote: Originally posted by LOTTOMIKE on March 4, 2005

                      lol,what would you do cash only if those lottery officials smiled when you turned in your winning ticket and said......"sir,we only offer annuity at this time"


                      If I know CO, he would probably rather have nothing. I'll take any money, but diff'rent strokes for diff'rent folks.

                      (insert signature here)

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                        Morrison, IL
                        United States
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                        May 13, 2004
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                        Posted: March 5, 2005, 1:46 am - IP Logged
                        Quote: Originally posted by CASH Only on February 3, 2005


                        House or not, everybody should take lump sum.



                          I agree.  I used to think annuity was better, but I guess the uncertainty of future payments is a big minus.  I would purchase my own annuity and could just call the cash back at any time.
                          LOTTOMIKE's avatar - cash money.jpg
                          Tennessee
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                          October 15, 2004
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                          Posted: March 5, 2005, 2:16 am - IP Logged

                          9/11 is a very big example of uncertainty,you never even know if the world will be here next year,so lump sum absolutely....


                            United States
                            Member #379
                            June 5, 2002
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                            Posted: March 10, 2005, 10:02 am - IP Logged

                            9/11 changed many peoples' minds.