Why would someone choose a lottery annuity instead of a lump sum
Why would someone choose a lottery annuity instead of a lump sum
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If you would prefer the comfort of knowing you have money for the next several decades consider the annuity payment, if you know you will make
Won the lottery and wondering if the lump sum or annuity is a better option? Compare your Powerball, MegaMillions and Lottery lump sum cash From a purely monetary standpoint, it is usually smarter to take the annuity option for the simple reason that you will get a bigger portion of the jackpot But
free cash machine slot 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 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