If You Win Mega Millions or Powerball, Should You Take the Cash

should i take lump sum or annuity lottery
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This option is available to lottery winners who want to sell their annuity payment for a lump sum but only need a portion of the lump sum and want to invest the

Of course, once you get the annuity checks, you'll have to pay income tax on them But if you take the lump-sum cash prize, you'll pay tax Lump sum payout is calculated by the Lottery and will always be smaller than the total of the annuity payments This is due to numerous reasons, for example,

konkan mhada lottery 2023 result Of course, once you get the annuity checks, you'll have to pay income tax on them But if you take the lump-sum cash prize, you'll pay tax Another decision lottery winners will be faced with is the decision to accept the cash lump sum or to take the winnings through annuity A cash lump sum