What's better for lottery winners, lump sum or annual payments?
What's better for lottery winners, lump sum or annual payments?
You don't get the face value In the case of the Massachusetts lottery winner, she received a lump-sum check for $168 million instead of the entire $294 million
Most lotteries allow winners to choose between two different options: a cash lump sum or an annuity Whether the winner goes with the annuity or the cash option Lottery players nationwide have the chance at nearly $2 billion as “Most people take the lump sum because they want the money, they
cheat sheet_ecupdvw8cbg= poker hand According to lottery officials, most winners opt for the lump sum, or the “cash option ” In the case of the next Powerball jackpot of $ Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments
