Lottery winnings: Should you take lump sum or annuities?

annuity option lottery
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If you're young and in good health the annuity option will pretty much set you up financially for life Using our $20 million jackpot example you would receive,

Q: What's the difference between the cash and annuity option? A: When someone wins the jackpot and wants cash, they get all of the cash in the jackpot prize

annuity lottery Welcome to another TAM Classic! Today, we're discussing the lottery payout dilemma: annuity

annuity or lump sum lottery If a lottery winner chooses annual annuity payments and they die before they receive all 30 payments, the rest of their jackpot prize goes