Lottery Annuity
Lottery Annuity
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There are two options for the payout: take the lump sum, or take yearly payments for 30 years Carolyn Becker with the California Lottery
Nearly all jackpot winners take the lump sum option, indicating they believe they can invest their winnings and come out ahead of the annuity Long-term investments take financial wisdom and restraint, but with careful planning, you may be able to grow your lump-sum winnings larger than the future
south carolina education lottery post Do not take the monthly, that money will depreciate fast due to inflation Take the 200k of the money and give it to a financial advisor to Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to Annuity