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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,936
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Mass. must operate under different rules. Here in Oregon the winner chooses...cash or annuity. (Edit) It pays to be a bean counter here. The last Oregon lottery winner did just that. A semi retired accountant winning a $30 million "jackpot". He opted for the cash, which was $13 million or so after the tax man bite. He noted that the annuity had a yield of roughly 3%, and he thought he could do better than that elsewhere.
Last edited by pwd72s; 12-30-2004 at 11:18 AM..
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