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View Full Version : Yes but should they be allowed to drive to pick up their check?


L.A. Chieffan
01-30-2007, 02:22 PM
http://news.yahoo.com/s/ap/20070129/ap_on_re_us/powerball_winner

DJJasonp
01-30-2007, 02:25 PM
I think they better take the lump-sum option....I dont think they'll be around in 30 years.

Plus, in california anyways, I heard you cant will lottery winnings if you're on the 30 year payment plan and you croak somewhere before year 30.

SPchief
01-30-2007, 02:28 PM
Just adds to my hatred of all things St. Louis.

StcChief
01-30-2007, 02:31 PM
That's been all over the news here.

Rain Man
01-30-2007, 02:56 PM
I bet this is going to eat into their Social Security payments.

Bob Dole
01-30-2007, 03:15 PM
I think they better take the lump-sum option....I dont think they'll be around in 30 years.

Plus, in california anyways, I heard you cant will lottery winnings if you're on the 30 year payment plan and you croak somewhere before year 30.

from powerball.com:

WHAT HAPPENS TO AN ANNUITY PRIZE IF THE WINNER DIES?

A lottery 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.

boogblaster
01-30-2007, 03:31 PM
My luck Id heart attack going to cash in the check...