Lotto Winnings: Annuity or Lump Sum?
Lotto Winnings: Annuity or Lump Sum?
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
People who think the tax rate will increase over time should take the lump sum, to get everything out of the way sooner Still, the federal Choosing annuity is certainly an option that the new generation of lottery players are more inclined to take The baby boomer generation would
national lottery scratch cards remaining prizes Even though annuity payouts tend to give you more of the jackpot than cash payouts, you could still earn more money long-term with a cash payout “Decide together whether it's best for to take a lump sum or get the prize paid out over 29 years in the form of an annuity,” said Benham “You
