Winning the lottery: Take the lump sum or the annual payments?

lump sum vs annuity lottery
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Analysis As you can see, if you plan on playing it safe and want to guarantee you'll be rich, the annuity will end up with more money If you rely on riskier

Once you're ultimately ready to come forward and claim your prize, you'll have a big decision to make: take the annuity option or a lump sum

lump sum vs annuity lottery In general, there are two ways for lottery payout: through a lottery lump sum or annuity The lump-sum option provides you an immediate but

lump sum lottery calculator Even if you account for the amount of money you lose in taxes, investing the lump sum will vastly outpace the annuity long before the annuity is