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Lottery winnings: Should you take lump sum or annuities?

Lottery winnings: Should you take lump sum or annuities?

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is it better to take a lump sum or annuity lottery
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Generally speaking, winners in the USA have the choice as to whether they receive all of their winnings in one lump sum, or if they take annuity

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 The annuity option includes the amount in interest that would be generated over time and is therefore a larger amount than the lump-sum option If the winner

buffalo gold slot machine 2017 The first annuity payment starts substantially lower than the lump sum, at around $ million But each successive payment would increase by 5 From a purely monetary standpoint, it is usually smarter to take the annuity option for the simple reason that you will get a bigger portion of the jackpot But

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