Should Lottery Winners Take the Lump Sum, Opt for Annuity, or

take lump sum or annuity lottery
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The problem with the lump sum is… there is a high chance that people will basically spend the jackpot down and basically run out of money,

Choosing a lump sum gets your client an immediate payout, but taxes will be imposed on the total amount of winnings This means winners that opt

take the bank slot review If you want more money in the end, you may prefer the annuity option But how do you know what's best for you? “Most people take the lump sum,

take the bank slot The lump sum affords more control over winnings and investments, but higher taxes overall The annuity payment option means less initial control