Dear Powerball Winner: Take Our Advice and Take the Annuity

better to take lump sum or annuity lottery
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The first annuity payment starts substantially lower than the lump sum, at around $ million But each successive payment would increase by 5

Let's say that you are looking at a jackpot of hundreds of millions, and the annuity option is tens of millions each year For me, even the By contrast, annuity payments will generally add up to a larger amount than the lump sum Some lotteries set up payments that add up to exactly the jackpot

ny lottery official site Your lottery payout can be issued as a one-time lump sum or an annuity Which is better? Take the lump sum or the annuity? You and your advisors are Your lottery payout can be issued as a one-time lump sum or an annuity Which is better? Take the lump sum or the annuity? You and your advisors are