Should Powerball lottery winners take lump sum prize or annuity

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He could choose to receive his prize as an annuity of $50,000 over 20 years or a lump sum of $600,000 He chose the lump sum of $600,000 and

Which is better: lump-sum or annuity? The answer depends on factors Most jackpot winners choose the lump-sum payout, as did our Powerball If you want more money in the end, you may prefer the annuity option But how do you know what's best for you? “Most people take the lump sum,

nusabet88 slot When you opt for an annuity, the tax is paid incrementally on each annual payout rather than in one lump sum This approach can reduce the The lump sum is a single cash transfer whereas the annuity is a series of annual payments Most lottery winners, if given the choice, take the