Why would someone choose a lottery annuity instead of a lump sum
Why would someone choose a lottery annuity instead of a lump sum
better to take lump sum or annuity lottery
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With a lump sum, the winner receives all the money at once, after taxes are withheld With the cash option in the Mega Millions jackpot, the
lump sum For a clear example of present value at work , consider this case of a lottery take your winnings in the form of an ' annuity ' , consisting of
better odds lottery An annuity is paid out over several years whereas a lump-sum payout is a one-time payment When a jackpot is won, each lottery participating in that particular
better off ed slot machine From a financial management perspective, U-M's Hines said, the good feature of taking a lump sum payout is that you have access to the money