Lottery winnings: Should you take lump sum or annuities?

lump sum lottery
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Pros: Taxes favor taking the lump sum because rates are so low right now In 25 years, who knows? Financial pros also point out that with a

Why It Is Smarter for Lottery Winners to Take the Lump Sum The math is fairly clear on whether lottery winners should take the annuity or lump

lump sum or annuity lottery While the lump sum provides a full prize up front, the annuity offers one immediate payment, followed by 29 annual payouts that increase 5% each

lump sum lottery payout calculator Your lottery payout can be issued as a one-time lump sum or an annuity If you chose the latter and those payments are no longer cutting it, we can help