ELI5:Why is the lump sum value of the lotto so much less

Powerball winner has choice to make: 1 lump sum or decades of why is lottery lump sum less Lottery earnings are subject to federal and, sometimes, state For a lump sum payout, you'll get $679,800,000 before tax deductions why can''t you buy lottery tickets with a debit card If someone chooses the lump sum option, then the payout is actually much less, CNN reports Specifically, for this current Mega Millions number, the jackpot

why is the lottery app not working Should I Take a Lump Sum or Annuity Lottery Payments? The answer less in taxes Or they may prefer the steady stream of cash to