Pension Payouts: Lump Sum vs Annuity

lottery annuity vs lump sum
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annuity equates a series of payments in the future to a lump sum today by lottery prize as an annuity or a lump sum FUTURE VALUE OF AN ORDINARY

But before you start celebrating, do you know how you want to collect your lottery winnings? Are you leaning towards an annuity or a lump sum?

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