Should Powerball lottery winners take lump sum prize or annuity

website is it better to take lump sum or annuity lottery Plus, if you take the lump sum with the idea of investing, you'd need to make up nearly half a billion dollars through investments to equal the earnings from is online poker legal in kansas When weighing the decision of whether to choose a lump sum payout, individuals should also take into account the potential tax implications of

is it better to take lump sum or annuity lottery Should I take the annuity? If you don't want to take the one-time payout, there's an annuity option that pays out over a period of years This  Of course, once you get the annuity checks, you'll have to pay income tax on them But if you take the lump-sum cash prize, you'll pay tax  Someone in Illinois bought the winning ticket, and if he or she does like most winners, they will take the lump sum, not the annuity

Share

Share

Link

Turn off sharing Copy link

See all details