Should You Take the Annuity or the Lump Sum If You Win the Lottery?
Should You Take the Annuity or the Lump Sum If You Win the Lottery?
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is it better to take lottery cash or annuity
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With an annuity you can spread your taxes out over a longer period of time rather than taking a big hit by accepting the lump-sum payment Because of the tax
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 “If a winner can conservatively invest their lump-sum amount, their fortune will grow at a much quicker pace than if they wait for the annuity
5_9_23 lottery result Over the term, the player who took the annuity would receive about $ billion after taxes Plus, if you take the lump sum with the idea of investing, you'd need to make up nearly half a billion dollars through investments to equal the earnings from