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in for a pool with my co workers!
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but why take it as an annuity? dont you have enough confidence in your own abilities (or that of the financial advisor that you will undoubtedly hire) to make a better rate of return than what the Lottery is paying you?Originally Posted by Mojodmonky1
But i'd feel much more comfortable knowing that the money is in someone elses name in the event I die after I took the lump payment.Originally Posted by CincoSeisDos
Originally Posted by LeroyTheGreat38
If you win, would you cash it out or disburse it?
At this point, I can do the 26 annual payments, especially since I had this clarified
9. What happens to Mega Millions payments if the winner dies before collecting?
If a winner dies before receiving all annual payments, Mega Millions will continue to pay the annual payments, as scheduled, to the winner's designated beneficiary or to the winner's estate.
Winners who choose the annuity method will receive 26 annual Mega Millions payments. Check with your state lottery for more specific information.
Originally Posted by bc60997
Both of you obviously missed the point. I was simply stating a few facts, which I guess is a little to advanced for some of you. I don't think anyone spends mortgage money on them. I will be right there with you I buy a couple tickets usually when it gets up this high.
There is an easy way.Originally Posted by gangsta207therevolution
There is the will I go crazy with the spending factor.
I'm taking the cash But I would want to know about a non taxable way to shield myself from at least 100 million of that money.
ThisOriginally Posted by Crumbs
lump some all day...one can dream
Originally Posted by baik
got my 5 bucks in...I'll be back with my millions of dollars tonight
thats not crazy, though.Originally Posted by swendro88
I have a crazy lottery idea i was thinking about.
Say I buy $5 worth of tickets. Then i buy the SAME 5 tickets again. That way, if someone else wins, i would get 2/3 of the jackpot.
I've never done it, but every time the lotto gets up there i always consider it.
Originally Posted by Joe Billionaire
ima get 5$ and a 40oz mickey
Originally Posted by best hands in the game
thats not crazy, though.Originally Posted by swendro88
I have a crazy lottery idea i was thinking about.
Say I buy $5 worth of tickets. Then i buy the SAME 5 tickets again. That way, if someone else wins, i would get 2/3 of the jackpot.
I've never done it, but every time the lotto gets up there i always consider it.
Originally Posted by Luong1209
When's the cut off?
Originally Posted by Luong1209
^ When you lose, you'll realize how stupid that was.