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Megabucks winner loses in court
AP ^
| December 30, 2004
| Ken Maguire,
Posted on 12/30/2004 7:28:47 PM PST by ConservativeStatement
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To: MassRepublicanFlyersFan
She should just get one of those companies that buy annuities to buy her out. Cheaper than a court case you're going to lose.
2
posted on
12/30/2004 7:30:21 PM PST
by
flashbunny
(Every thought that enters my head requires its own vanity thread.)
To: MassRepublicanFlyersFan
Thats what you get for not checking the lump sum payout box.
Its a pitty that she won't live to collect all of it.
3
posted on
12/30/2004 7:32:14 PM PST
by
Hu Gadarn
(Millions for Defense not one cent in Tribute)
To: MassRepublicanFlyersFan
I guess I don't understand why she (or her lawyer) thought they should change the rules just for her.
4
posted on
12/30/2004 7:32:18 PM PST
by
Izzy Dunne
(Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
To: Izzy Dunne
5
posted on
12/30/2004 7:32:55 PM PST
by
ScottFromSpokane
(We're none of us prefect.)
To: MassRepublicanFlyersFan
Th means she would be 114 years before she received all the payments... Very unlikely she would make it that long. Would any heirs be entitled to the remaining payments? At any rate, I don't think this woman would enjoy the winnings at her age as much as say... ME. I am only 33. I would bet her entire winnings that I could have more fun with that money than she would.
6
posted on
12/30/2004 7:33:47 PM PST
by
lmr
(John Kerry, Favorite of World Leaders: Castro, Arafat, Kim Jong IL,Chavez and Bin Laden)
To: Hu Gadarn
Some of the games, do not give you that option.
7
posted on
12/30/2004 7:34:30 PM PST
by
JBCiejka
(b)
To: ScottFromSpokane
Must be a Democrat. from Florida, Ohio, or Washington State
To: flashbunny
She should just get one of those companies that buy annuities to buy her out. Cheaper than a court case you're going to lose.Many of these lotteries are only paid during the life the original winner, and payments stop upon death, even if there are heirs.
9
posted on
12/30/2004 7:37:51 PM PST
by
konaice
(Doink Doink!)
To: Hu Gadarn
Thats what you get for not checking the lump sum payout box.
Lump sum payout was not an option on this lottery.
10
posted on
12/30/2004 7:39:37 PM PST
by
elli1
To: lmr
She wanted to allocate it to her grandchildren. I would think that the heirs would still receive the payments until it is paid off. I would assume that anyone over the age of 70 would probably never play if they knew they would never collect the money. If she won the money, would she not be responsible for all the taxes. There should be some equitable way of dispersing it.
11
posted on
12/30/2004 7:40:27 PM PST
by
JBCiejka
(b)
To: elli1
Oh I was unaware of that.... it is an option where I live.
12
posted on
12/30/2004 7:40:42 PM PST
by
Hu Gadarn
(Millions for Defense not one cent in Tribute)
To: MassRepublicanFlyersFan
you would think a 94 year old, would not even be able to spend...$280,000 a year...sheesh....what is the problem...just make a will and have the winnings go to the offsprings, AFTER DEATH...
13
posted on
12/30/2004 7:42:00 PM PST
by
AmericanMade1776
( The Year of Freeping Dangerously)
To: AmericanMade1776
Hope that did not sound tooo callous!
14
posted on
12/30/2004 7:42:51 PM PST
by
AmericanMade1776
( The Year of Freeping Dangerously)
To: MassRepublicanFlyersFan
I think I'd hang around just to get the money.
15
posted on
12/30/2004 7:43:34 PM PST
by
stevem
To: Izzy Dunne
Her lawyer couldn't make any money off her if he advised her NOT to go to court.
To: REDWOOD99
Her lawyer couldn't make any money off her if he advised her NOT to go to court. I wish I didn't believe you were right, but you might be.
17
posted on
12/30/2004 7:45:19 PM PST
by
Izzy Dunne
(Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
To: Izzy Dunne
From what I heard on the news this morning, it is up to the descretion of the lottery commissioner.
18
posted on
12/30/2004 7:46:10 PM PST
by
JBCiejka
To: JBCiejka
She wanted to allocate it to her grandchildren. I would think that the heirs would still receive the payments until it is paid off. I would assume that anyone over the age of 70 would probably never play if they knew they would never collect the money. If she won the money, would she not be responsible for all the taxes. There should be some equitable way of dispersing it. There is an equitable way. She should have thought of it when she cashed it in. The tickets are bearer instruments. All she had to go was give it to one of her grandchildren before cashing it in -- unless she didn't think anyone younger than herself was trustworthy enough to share with her. And if that's the case, then tough luck.
19
posted on
12/30/2004 7:47:25 PM PST
by
FreedomCalls
(It's the "Statue of Liberty," not the "Statue of Security.")
To: flashbunny
I would leave it in a trust to my heirs.
20
posted on
12/30/2004 7:48:05 PM PST
by
Blood of Tyrants
(God is not a Republican. But Satan is definitely a Democrat.)
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