On Wednesday, January 13, 2016 at 11:43:24 PM UTC-6, Mr. Luddite wrote:
On 1/14/2016 12:07 AM, Tim wrote:

10:25 AMamdx
- show quoted text -
Don't get to excited, if you take the lump sum payment, after taxes
you'll be lucky to have $600 Million to scrimp by on.
I'm frugal though, that could last the rest of my life :-)

Mikek
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And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary.



I just read that is not so Tim. The annual payments become part of your
estate.

Well, I'll say that's the way I've always understood it. And yes, I could be wrong.