Powerball winner has choice to make: 1 lump sum or decades of
Powerball winner has choice to make: 1 lump sum or decades of
is it better to take lump sum or annuity lottery
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Instead of receiving your jackpot winnings in a single lump sum, you receive periodic payments over time It's called a “lottery annuity,” but it's really just
Pros: The biggest allure of the annuity is having a guaranteed income stream for the next 30 years, which largely insures you never run out of
is online poker safe Dan O'Connell, a partner at PKS & Company, says he would generally recommend choosing the lump sum option “Economically speaking, I would
is there a strategy to winning the lottery Taking the 30-year annuity will likely increase your net income, even after all the tax obligations Plus, if you take the lump sum with the