Lump Sum vs Annuity: Which Lottery Payout Is Best? -

is it better to take a lump sum or annuity lottery
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The annuity payments have a present value of $669, and therefore present the better deal [Or, if the insurance carrier wishes to settle

Depending on your tax situation and the size of your jackpot, you might pay less in taxes if you choose an annuity You won't have the risk of

is playing poker for money illegal 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

is playing the lottery worth it The lottery will keep making annuity payments to winners even after they die If a jackpot winner chooses to receive their prize in annual