What to do if you win the lottery
What to do if you win the lottery
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Should Lottery Winners Take the Lump Sum or Annuity Payout? · Consistent income: Taking home the annuity option guarantees that you will have a
This can result in overall tax savings compared to the lump sum option Controlled Spending Annuity payments help control spending by limiting the amount you “Most people take the lump sum, because they want the money, they want to control it,” Robert Pagliarini, president and chief financial advisor
5 wishes slot game However, if you go with the lump sum, you'll wind up receiving less money in total than you would via an annuity You see, lottery winners who When the jackpot is $50 million, each payment is half as big, etc Cash option: A one-time, lump-sum payment that is equal to the cash in the Mega Millions