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Started By
Message
Mega Millions annuity vs lump sum
Posted on 10/19/18 at 11:52 am
Posted on 10/19/18 at 11:52 am
Which one am i supposedto choose?
1 billion annuity
560 mill lump sum
1 billion annuity
560 mill lump sum
12
Posted on 10/19/18 at 11:53 am to Cosmo
Again?
Posted on 10/19/18 at 11:53 am to Cosmo
The one that's discussed in the other 560 million threads on this topic
Posted on 10/19/18 at 11:53 am to Cosmo
Cross that bridge when you get to it
Posted on 10/19/18 at 11:53 am to Cosmo
7 page thread on this, stupid frick
Posted on 10/19/18 at 11:54 am to Cosmo
quote:
Member since Oct 2003
fricking idiot
Posted on 10/19/18 at 11:55 am to Cosmo
Just kys
Posted on 10/19/18 at 11:57 am to Cosmo
Lump sum, easy.
The annuity only pays out if you live all 20 years. You can’t transfer it in a will.
A return of about 3% on investments over the course of 20 years will still get you about $100m in cash.
The annuity only pays out if you live all 20 years. You can’t transfer it in a will.
A return of about 3% on investments over the course of 20 years will still get you about $100m in cash.
Posted on 10/19/18 at 11:59 am to BurningHeart
quote:
Cross that bridge when you get to it
Unfortunately that bridge is the Sunshine Bridge.
Posted on 10/19/18 at 12:00 pm to Cosmo
The larger the sum, choose the annuity. IMO.
Plenty of money, won't be broke in just a few years
Plenty of money, won't be broke in just a few years
Posted on 10/19/18 at 12:01 pm to Cosmo
Lump sum is the correct answer in most scenarios, but honestly, with that kind of money it won't make much difference. It's more than you or your children or grandchildren could ever spend either way.
Posted on 10/19/18 at 12:03 pm to Jim Rockford
Don’t underestimate the number of people who will come out from under a rock wanting a piece of your winnings.
Friends, family, people wanting to give you “business opportunities”, various organizations nosing around for a donation, etc.
Friends, family, people wanting to give you “business opportunities”, various organizations nosing around for a donation, etc.
Posted on 10/19/18 at 12:14 pm to terd ferguson
quote:
7 page thread on this, stupid frick
he'll probably hit us with the "but the search function on here sucks!"
Posted on 10/19/18 at 12:17 pm to Cosmo
Money is always worth more in the present than it is in the future.
Posted on 10/19/18 at 12:19 pm to teke184
quote:
The annuity only pays out if you live all 20 years. You can’t transfer it in a will
This is false and is pointed out in the other thread.
The annuity will go to your beneficiary
Posted on 10/19/18 at 12:20 pm to Jim Rockford
quote:
It's more than you or your children or grandchildren could ever spend either way.
Speak for yourself. Always places to blow money
Posted on 10/19/18 at 12:21 pm to Cosmo
Lump sum, in Deutsche Marks!
Posted on 10/19/18 at 12:30 pm to Cosmo
I’d call J. G. Wentworth.
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