Go Net Wise Q&A
Login
Register
Questions
Hot!
Unanswered
Users
Ask a Question
Welcome to Go Net Wise Q&A, where you can ask questions and receive answers from other members of the community.
All categories
Cars & Transportation
(478)
Celebrities
(822)
Health
(1,016)
Health Insurance
(189)
Pets
(241)
Plastic Surgery
(298)
Recipes
(56)
Sports
(108)
Travel
(292)
Illuminati
(320)
Trade Shows
(33)
Lemon Law
(28)
Makeup
(264)
Mobile Phones
(522)
Conference Calling
(45)
Chicken Coops
(40)
Lasik Surgery
(114)
Cord Blood Information
(32)
Annuity Settlements
(40)
Credit Card Debt Help
(127)
Donate a Car
(20)
Electronics
(36)
Home Equity Credit Help
(27)
IRS
(1,360)
If you won the BIG lottery, would you take the cash option or annuity?
0
votes
For those who don't know, annuity is the lottery jackpot split up into 26 annual payments. The cash option is usually a lil less than half of the jackpot, but you get it in one lump sum.
asked
6 months
ago
in
Annuity Settlements
by
LemonLawAttorney
(
27,380
points)
Tweet
2 Answers
0
votes
I go with the 26 annual payments, I'm still young I could hang 50 years more.
answered
6 months
ago
by
SteveTheMan
(
28,020
points)
0
votes
I would take the annuity. It would be nice to know that you would have a steady income! Instead of saying what have I done with all my money I would say what will I do with it.
answered
6 months
ago
by
YeastInfectionCure
(
28,160
points)
Related questions
0
votes
3
answers
Why do mega millions lottery vendors ask you if you want cash or annuity BEFORE you buy the ticket?
asked
6 months
ago
in
Annuity Settlements
by
DonateYourCar
(
26,260
points)
0
votes
3
answers
For a lottery winner which payment choice is better : the lump sum option or the multi year annuity?
asked
6 months
ago
in
Annuity Settlements
by
SnoringCures
(
28,880
points)
0
votes
3
answers
Can a collection agency take money from an annuity checking or savings acct without your permission?
asked
6 months
ago
in
Annuity Settlements
by
DonateYourCar
(
26,260
points)
0
votes
3
answers
In the US, when you retire, can you do what you like with your pension funds or do you have to buy an annuity?
asked
6 months
ago
in
Annuity Settlements
by
breastplasticsurgery
(
27,680
points)
0
votes
3
answers
Is is smart to cash out stocks for an annuity?
asked
6 months
ago
in
Annuity Settlements
by
CreditCardDebtHelp
(
26,900
points)