The Lottery (annuity-payments)

How fucking pissed would you be if a close friend/family member hit the lottery and then called you three days later and said "We decided to go for the annuity payments instead of the lump sum. We met with a financial planner and it makes sense for us. Instead of the $20 million right now we are going to get $400,000 a year the until I die. As long as I live past 60 we will come out ahead. I know $20 mil sounds great, but you lose so much in taxes and we might just blow through it so we are making the smart move....Oh yeah, you know that million dollars I promised you when I called you all drunk after I checked my ticket, looks like I'm just going to be able to give you $25 grand a year for the next 40 years" Under normal circumstances a friend offering you $25k/year sounds great, but at that moment I might tell that fucker to shove his $25k up his ass and that if I ever see him again I will make sure that his state lottery commission 'comes out ahead' by killing him on the spot.

Why do they even offer these annuity payments? When was the last time someone took the payments instead of the lump some. I don't give a shit how much sense it makes and how much they take in taxes, as long as that fucking lump some check had two commas in it I'm cashing it.

I saw a show on the USFL that said some team owner had given away "a million dollars" as a publicity stunt at one of the games. They showed the greasy ass, USFL fan that won the drawing all excited at halftime yelling into the microphone. The catch was that it was $50k for 20 years...STARTING 20 YEARS FROM THE DAY HE WON! That is a big 'catch'. So this guy had to wait 20 years before he started getting his $50k/year. What good would that do you? Last strip club I was in the dancer didn't except promissory notes redeamable in 2029. How far in the whole would this guy be 20 years from when he won? How many times would he have borrowed money from his buddies, "Jim, loan me 5 grand. You know I'm good for it, I'm a fucking millionaire." That sucker had to go back to his job pouring concrete or hanging dry wall the next Monday thinking "Twenty years from now I'm going to tell my boss to Fuck Off!" Fuck that, I would rather catch a tee shirt from an air cannon. At least I could rip the sleeves off, tie them around my head all while making the pretend 'wiping my ass' motion with the tee shirt between my legs trying to get on the stadium big screen. I guess I'm a sucker for immediate gratification.

-Post Sent In By Mocephus