Why is the cash option for the $ Powerball drawing so low? The

why is lottery lump sum less
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Cash Option: Players will collect prizes in one payment, less taxes The lump sum cash payment is the amount available to the Lottery for the jackpot prize pool

The certainty of having liquidity on hand is probably why most winners choose the lump-sum payout This is an especially attractive option if

why is lottery haram The tax withholding rate is 24% for lottery winnings, less the wager, for prizes greater than $5,000 The lump sum payout for a given estimated jackpot varies

why doesn''t alabama have a lottery I'll Take the Lump Sum, Please! If you choose the one-time cash payment, you will receive approximately one-half of the advertised prize