Selling Lottery Winnings for Cash

should you take the lump sum or annuity lottery
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This begs a question: What should you do if such a windfall falls If you win the lottery, do not take the lump sum payment In the

The lump sum payment allows a winner to receive all their winning up front Taking the lump sum will also mean you will be in the highest band

should you take the lump sum or annuity lottery Taking the 30-year annuity will likely increase your net income, even after all the tax obligations Plus, if you take the lump sum with the

should you take lump sum or annuity lottery Depending on your tax situation and the size of your jackpot, you might pay less in taxes if you choose an annuity You won't have the risk of