Why would someone choose a lottery annuity instead of a lump sum
Why would someone choose a lottery annuity instead of a lump sum
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When winning the lottery, you can choose between a lump sum or an annuity payment The lump sum grants immediate cash, while an annuity provides steady and
The annuity offered by Powerball is different It's called an annuity certain and payments will be made until 2045 A lump sum gives you capital to make large purchases or invest, but your money can run out An annuity gives you a steady stream of income for the rest of your
what are the chances of winning a lottery 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 Annuity Advantages · The biggest advantage to an annuity is that you know you will have a steady, long-term source of income · With an annuity
