Lotto Winnings: Annuity or Lump Sum?

take lump sum or annuity lottery
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The lump-sum option gives the winner the total prize amount upfront, but less than the advertised prize due to the discounting process Annuity

For example, the recent $ billion million jackpot winners will share approximately $ million if they choose the lump sum option, which most people do

take 5 slot 50% CASH OPTION: ONE LUMP SUM PAYMENT PRIZE, Annual Payment Before Taxes If you continue to use this site, you acknowledge that you accept and understand

take 5 new york lottery Winners of the lottery can choose to collect their Mega Millions payout amount at once as a lump-sum cash payout or in annual payments as an increasing annuity