So you won the Mega Millions lottery jackpot What happens now?

is it better to take lump sum or annuity lottery
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Instead of receiving your jackpot winnings in a single lump sum, you receive periodic payments over time It's called a “lottery annuity,” but it's really just

Pros: The biggest allure of the annuity is having a guaranteed income stream for the next 30 years, which largely insures you never run out of Taking the 30-year annuity will likely increase your net income, even after all the tax obligations Plus, if you take the lump sum with the

lottery song bad night The winner can choose to take the full amount in annual payments over 29 years or a smaller lump sum immediately in cash Feeling Lucky? Explore Although federal and state taxes can significantly reduce lottery winnings, there are some benefits to taking the lump-sum payment Are lump-sum