Choosing lump sum or annual payments, whats the difference?
Choosing lump sum or annual payments, whats the difference?
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A lump sum allows you to collect all of your money at one time On the other hand, an annuity is a series of steady payments that are made at
Cash option: The current market value of the prize, paid in a single lump sum, less required withholding If you choose the cash option, this amount will be If you win the lottery, you have to decide whether you want to collect the money all at once or over a long time This guide will weight the Pros and Cons
tn lottery winning numbers cash 3 On an estimated lump sum of $ million before taxes, the federal withholding is estimated to be $ million if 24% is withheld That According to lottery officials, most winners opt for the lump sum, or the “cash option ” In the case of the next Powerball jackpot of $
