Which Is Better: Taking the Cash Option or Annuity in the Lottery?
Which Is Better: Taking the Cash Option or Annuity in the Lottery?
annuity or lump sum lottery
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While annuities offer a great long-term financial opportunity for lotto winners, someone doesn't have to hit the jackpot to leverage them They
The lump sum is the cash that a winner has actually won The highlighted $ billion prize is for a sole winner who is paid through an annuity
annuity payments lottery annuity, or a lump sum of $ million The lump sum payout is automatically taxed at 24%, meaning the winner would actually receive
annuity lottery To arrive at the answer, we need to know the present value of 20 annuity payments of $45,000 based on 3% interest By plugging the interest rate