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To: simpson96
I hope the winner takes the award as cash and wisely invests the lump sum for long term growth.

Taking the amount annually (over 30 years) is risky as states are beginning to renege on these payments, claiming they are out of money. Contemptible!

I'm no fan of state lotteries and other government subsidized gambling. Let gamblers go to the casinos. But if the government wants to be a bookie, they ought to pay off their bets.

4 posted on 01/07/2018 6:28:32 AM PST by SamAdams76
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To: SamAdams76

Not to mention tax rate risk by taking large $ in the future.


16 posted on 01/07/2018 6:56:18 AM PST by rb22982
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To: SamAdams76

Always take the lump sum payout.


21 posted on 01/07/2018 7:55:37 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: SamAdams76

But if the government wants to be a bookie, they ought to pay off their bets.


Or have a visit from one of our friends, ya know, take a drive out in the country...


30 posted on 01/07/2018 8:16:08 AM PST by Yaelle
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