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Started By
Message
1
Posted on 1/8/16 at 7:47 am to tigersownall
quote:
I just know things
No you don't. You just make shite up.
quote:
WHAT HAPPENS IF AN ANNUITY PRIZE WINNER DIES?
The estate will handle the lottery prize. A lottery annuity prize is just like any other asset. You can pass any remaining annuity payments on to your heirs or to anyone else. The Powerball game will even cash out an annuity prize for an estate. This may make it easier for the estate to distribute the prize. It also may be necessary to cash out the annuity to pay Federal estate taxes. We will sell some or all of the securities at competitive bid or will even just transfer the securities to the estate. We do not charge a fee of any kind. We often hear people complain that the jackpot should not go back to "the state" when a winner dies. It does not. I think that this misunderstanding may come from the response that the prize "goes to the Estate" and some people hear "goes to the State."
https://www.powerball.com/pb_contact.asp
Posted on 1/8/16 at 7:59 am to yellowfin
quote:Those people also have millions/billions in income from sources outside of these types of investments.
eta: they are trusted by people with way more money than a lotto winner
I wouldn't hand over more than 95% of my net worth to a PE firm and hope for the best.
Posted on 1/8/16 at 8:08 am to JohnnyKilroy
Posted on 1/8/16 at 10:10 am to MontyFranklyn
quote:
I would like to bring in In N Out Burgers to the southeast and put at least one in every SEC town. Instead of trying to run it myself knowing damn well I don't know what I'm doing, I'd just hire a veteran that has the experience and pay then 30k-40k more a year and let them build the staff. I'd just put my buddies in as my district managers and let them keep eyes on it for me and pay them good as well.
Posted on 1/8/16 at 10:30 am to Cosmo
(no message)
This post was edited on 1/8/16 at 10:31 am
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