What Should You Do After You've Won Powerball or Mega Millions?
What Should You Do After You've Won Powerball or Mega Millions?
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Which is better: lump-sum or annuity? The answer depends on factors such as your expected return on invested cash and the pros and cons of
Many people who win the lottery choose to receive annuities instead of a lump sum This option reduces the risk of excessive spending, but also limits cash To illustrate how lump-sum and annuity payments work, imagine you win $10 million in the lottery If you take the lump-sum payment, the entire winnings would be
24 7 free poker annuity or single lump sum payment If the payment election is not made The lump sum payment amount shall be determined by the Mega Millions lotteries There are two options for the payout: take the lump sum, or take yearly payments for 30 years Carolyn Becker with the California Lottery