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That's a lot of words for, "I don't believe you." A citation is needed for your assertion, please. Here is a page at the University of Chicago that describes

• gamblor956 9y ago
  Charitable gift annuities don't have the result you describe. For starters, they're only partially deductible, and you have to pay taxes on income earned by the annuity. In effect, a lottery winner would pay taxes twice: first on winning the income, and then when receiving money from the annuity (because a partial charitable deduction wouldn't offset the annuity income and for a gift in the millions would be capped anyway).
  • IncRnd 9y ago
    > Charitable gift annuities don't have the result you describe. Really? They have exactly the results I described. In what way do they differ from what I wrote? Charitable Gift Annuities are not theoretical, despite you having gone from protestations that Universities would go out of business for engaging in them, to now saying that I wrote things I didn't. P.S. A deferred annuity for a lottery is an entirely different product from a charitable gift annuity.