re: #153 Bubblehead II

Voice of greed here (according to Idaho R’s).

We would take the annuity as well. Not so much as to get more money, but to deny Idaho R’s the tax revenue once we move out of state to Nevada or Oregon.

Last time we had a powerball winner we actually had a R rep hoping the winner would take the lump sum payment so Id. could reap a higher tax income from it.

We need the money

Idaho Rs have never saw a pocket they didn’t want to pick. Unless your name ends in Simplot.

Lottery winnings are not taxable in California. I’d probably take the lump sum. Probably put most of it in some mutual funds tied to the stock market indexes and/or buy commercial real estate