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Author Topic: Would you take a Lump Sum or Annuity? [Locked]
eodoll  4 stars
Posts: 1,028
Registered: 2002-2-14 12:35:42
id have to consult mitt romneys accountants...

i wouldnt know where to put hundreds of millions in cash.

if i won only 3 to 10 mil, then id take it all and buy a few properties immediately..and my cash would be gone.
Thugoneous  4 stars
Title: Watching Caliente, BRB.
Posts: 1,128
Registered: 2002-11-2 18:00:54
eodoll posted:

id have to consult mitt romneys accountants...

i wouldnt know where to put hundreds of millions in cash.

if i won only 3 to 10 mil, then id take it all and buy a few properties immediately..and my cash would be gone.



Seriously, this is what I would do.

 

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IMHO  4 stars
Title: Official Outpost Greeter
Posts: 2,287
Registered: 2001-11-1 03:55:02
I wonder how many congressmen I could buy with that kind of money.

We would, for sure, get ride of daylight saving If I hit the Mega Lotto.

Not sure if that'd be enough power to legalize pot.

 

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Manegarm  4 stars
Title: European Imperialist Good Guy
Posts: 1,964
Registered: 2003-8-11 10:01:52
Pennies.. I'd bury Denmark...

YES FUK YOU DANES!

 

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"Damn, Manegarm; you are HAWT!! " - Taolynn
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ALWAYS ANGRY, ALL THE TIME!
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cobane  2 stars
Posts: 473
Registered: 2001-9-6 18:42:56
Lump sum, and I'd invest every last cent of it in the development of a sequel to Welcome to Mooseport. Any profit it makes will be divided up between Val Kilmer and Hugh Grant's dog.

 

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Mag-Galahad  1 star
Posts: 72
Registered: 2002-2-26 22:26:05
Tych2 posted:

Afio posted:

Lump sum

This. No other answer should ever be considered.

 

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__Bonk__  5 stars
Posts: 5,122
Registered: 2009-7-25 03:04:52
If you are good at managing money you should take a lump sum. If you are bad at managing money like I am then you should take the annuity

Be smart and know what type of person you are

 

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A change in feeling is a change in destiny.
BubbleDude  2 stars
Title: Perma-N00b
Posts: 488
Registered: 2003-2-27 21:04:24
Lump sum, and put ALL of it into Enron stock!

 

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MatrexMistwalker  1 star
Posts: 188
Registered:
Lump sum... most states will stop an annuity payment if the winner dies for any reason... a few have laws that allow you to pass it on to a wife son daughter etc..
ZartanAround  3 stars
Title: Torpid Curmudgeon
Posts: 768
Registered: 2004-2-6 20:54:09
LUMP!!!

 

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what are nice chickens like you doing in a coop like this?

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