What's better for lottery winners, lump sum or annual payments?
What's better for lottery winners, lump sum or annual payments?
lottery cash vs annuity
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When you win the lottery jackpot, you're given a choice between a lump-sum payment or an annuity paid out over nearly three decades Most
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lottery sambad 3 6 23 While the lump sum provides a full prize up front, the annuity offers one immediate payment, followed by 29 annual payouts that increase 5% each
lottery sambad 735 pm The gulf between the cash and annuity options has become larger because inflation has prompted a rise in interest rates, which in turn results