What Are the Different Lottery Payouts and Which Is Smartest To

how are lottery annuities paid out
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Prizes paid in annual installments are sent close to the anniversary date of the big win There are options for weekly installments and monthly

With a $ billion prize, the first payment would be about $ million, of which approximately $ million would go toward taxes

how much tax is deducted from lottery winnings The annuity represents the future value of the cash value which is used to purchase bonds to fund the annuity over 30 years It is paid out

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