Anyone play this $10,000/week for LIFE tickets yet?

[Josh]

It's $20 for one freakin' ticket?!? That's crazy. I'm still thinking about playing 😛

 

[Rudee]

The life of the lottery, which may mean if the lottery is cancelled in a few years and no longer exists, so are the payouts. One time lottery payouts FTW

 

[Josh]

Originally posted by: Rudee
The life of the lottery, which may mean if the lottery is cancelled in a few years and no longer exists, so are the payouts. One time lottery payouts FTW

still as long as you don't blow it every week, you should be alright for a little while...but i understand where you are coming from, that would be horrible...getting a loan on a house, leasing a car and all that and suddenly one week the check doesn't come :\

 

[Brainonska511]

Originally posted by: Rudee
The life of the lottery, which may mean if the lottery is cancelled in a few years and no longer exists, so are the payouts. One time lottery payouts FTW

And lumpsums also have higher taxes on them. I'd rather just continue doing what I was doing and just save the extra money from monthly payouts (or just buy a little something extra for myself).

 

[Muadib]

Originally posted by: Rudee
The life of the lottery, which may mean if the lottery is cancelled in a few years and no longer exists, so are the payouts. One time lottery payouts FTW

Do you have any idea how much NY makes on the lottery? It aint going anywhere, unless the aliens decide to invade.😛

 

[kranky]

It has a $10 million minimum payout.

 

[TallBill]

Its actually a $20 stupid tax.

 

[Rudee]

Originally posted by: Muadib

Originally posted by: Rudee
The life of the lottery, which may mean if the lottery is cancelled in a few years and no longer exists, so are the payouts. One time lottery payouts FTW

Do you have any idea how much NY makes on the lottery? It aint going anywhere, unless the aliens decide to invade.😛

There are dozens and dozens of lotteries of various types. They can come and go at any time, thus it's always best to take lump sum payments whenever possible.

 

[Muadib]

Originally posted by: Rudee

Originally posted by: Muadib

Originally posted by: Rudee
The life of the lottery, which may mean if the lottery is cancelled in a few years and no longer exists, so are the payouts. One time lottery payouts FTW

Do you have any idea how much NY makes on the lottery? It aint going anywhere, unless the aliens decide to invade.😛

There are dozens and dozens of lotteries of various types. They can come and go at any time, thus it's always best to take lump sum payments whenever possible.

That depends on the individual. There have been many lottery winners in NY & NJ who took lump sums, who have had to claim bankruptcy.