Winner of $ Billion Mega Millions Jackpot May Get Less Than

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Without thoughtful planning, the lump sum could vanish swiftly, leaving you financially vulnerable Typically, lottery winners are not used to

Contact your Mega Millions lottery for detailed information Annuity Cash option: A one-time, lump-sum payment that is equal to the cash in the They want all of the money right away That is the main advantage of a lump sum: full and complete access to the entirety of the prize, after taxes Taking a

did anybody win the powerball lottery That's because when anyone wins the lottery, the IRS withholds 24% of the winnings off the top With a large jackpot, if the winner opted for the lump sum cash The lump sum affords more control over winnings and investments, but higher taxes overall The annuity payment option means less initial