Lump Sum or Annuity? What the Illinois Lottery Winners Chose for

annuity for lottery winners
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A lottery annuity prize is just like any other asset You can pass any remaining annuity payments on to your heirs or to anyone else The

A lottery annuity refers to the long-term payout option that lottery winners can choose Instead of a lump-sum payment, the winner receives the

annuity lottery Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to

annuity or lump sum lottery Annuity may be a simpler option for those not familiar with organizing wealth, as a lump sum leaves you with a large, immediate sum that can be very