Lump Sum or Annuity for Lottery Winners?

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Powerball taxes: Lump sum payout or annuity? If anyone wins the Powerball or another lottery prize, they can choose to receive the payout in one of two ways

lottery today worth $ 5 million dollars and you're given two choices : Option # 1 - take a lump sum of the winnings ; Option # 2 lottery today worth $ 5 million dollars and you're given two choices : Option # 1 - take a lump sum of the winnings ; Option # 2

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