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Where the Money Goes

Where the Money Goes

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what to do with lottery money
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When you do choose to cash in, however, make sure you know if you want to take a lumpsum prize or have the winnings doled out in annual

Every Mega Millions or Powerball jackpot winner has the option to take cash now in a one-time lump sum or opt for 30 annual payments  Where Do Lottery Prizes Come From? Lottery prize money is generated by ticket sales The more people that buy tickets — and the longer it goes

lottery result ak626 “You may also consider forming a blind trust through your attorney to anonymously receive the money, keeping your name out of the spotlight ”  It's more common for winners to take the lump sum, Blenner said, because it provides them with the freedom to invest as they wish with maximum available funds

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