Lottery Winnings: Lump Sum Vs Annuity
Lottery Winnings: Lump Sum Vs Annuity
should you take the lump sum or annuity lottery
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In general, there are two ways for lottery payout: through a lottery lump sum or annuity The lump-sum option provides you an immediate but
Over the term, the player who took the annuity would receive about $ billion after taxes
should you take the lump sum or annuity lottery Each payment is 5% bigger than the previous one This helps protect winners' lifestyle and purchasing power in periods of inflation For a typical jackpot of
should you sign your lottery ticket Pros: Taxes favor taking the lump sum because rates are so low right now In 25 years, who knows? Financial pros also point out that with a