LUMP SUM OR THE ANNUITY: Here's Which One To Choose If You

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

If you take the lump sum payout of a sizable lottery jackpot, you will likely be pushed into the top tax bracket of 37%

lottery game login The lump-sum option provides you an immediate but typically reduced amount of the after-tax jackpot all at once On the other hand, the annuity

lottery sambad 25 6 23 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