Today’s Fixed Annuity, Index Annuity, Equity Annuity, Immediate Annuity & Variable Annuity Related News brought to you by AnnuityMD.com -

State lotteries jack up Powerball jackpots (BizJournals)
Meeting players' demands for larger and faster-growing jackpots, the 29 state lotteries that operate the lotto game Powerball have made some changes to it that take effect this week.

Pensioners miss out on annuity benefits (Manchester Online)
ONE third of pensioners are missing out on extra income in retirement by failing to shop around for an enhanced annuity. Retirement specialists GE Life say their research suggests that annuitants lost out on benefits worth 350m last year because they purchased a standard annuity.

Woods hangs on to win NEC Invitational (Baltimore Sun)
Tiger tops DiMarco by one stroke for ninth win in 18 career Worl Golf Championship events AKRON, Ohio — The World Golf Championships were created seven years ago to bring together the best players from around the world. Tiger Woods has turned them into an annuity.

Annuity only as good as its `yield to surrender' (Chicago Tribune)
Q. My husband purchased an annuity through a dishonest agent. It is a fixed account that will pay just 2.25 percent for the next 11 years. It has been almost a year since he bought it, and they will charge a surrender charge of 14 percent if he wants to take the money out.

Datebook (The Tucson Citizen)
Tomorrow - Annuity Owners - What You Don't Know Can Hurt You: Curt Zacharias, "The Annuity Doctor," will cover the six common mistakes made by annuity investors at this free seminar at 3:30 p.m. at Bookman's Community Room, 6230 E. Speedway Blvd. Contact: 990-0009.

NAVA Reports Second Quarter Variable Annuity Industry Data (PR Newswire via Yahoo! Finance)
The National Association for Variable Annuities announced today second quarter results for the variable annuity industry.

Baby boomers get chance to crack into nest eggs (Corvallis Gazette Times)
DALLAS Baby boomers have now crossed a threshold for which many aren't prepared.