Powerball winner has choice to make: 1 lump sum or decades of

lump sum lottery
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On an estimated lump sum of $ million before taxes, the federal withholding is estimated to be $ million if 24% is withheld That

To calculate your lottery annuity, you will need to divide your lump sum by the number of payments you will receive For example, if you have a ​30-year annuity

lump sum vs annuity lottery Given the significant size of this lottery prize, Kehoe said to Business Insider in an email, the recipient will be in the maximum income tax

lump sum lottery If you win and choose the lump sum, you'll take home $ million up front Next comes the 24% tax withholding, which means your cash value