Lump sum or annuity? Experts weigh in on $ billion Powerball

lottery cash or annuity
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The gulf between the cash and annuity options has become larger because inflation has prompted a rise in interest rates, which in turn results

Cash awards paid by the Olympic Committee to athletes winnings medals Lottery Payments Courts have agreed with the IRS that a lump sum A lottery winner can also choose the cash option where the lottery makes a single lump sum payment Generally, the lump sum amount is less than the total amount

toto slot login If you want your money right away, you'll want to select the cash option If you want more money in the end, you may prefer the annuity option  But if you take the lump-sum cash prize, you'll pay tax twice: on the prize when you win it, and on the income you get by investing it This