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Powerball lottery: Should you take the lump sum or annuity

Powerball lottery: Should you take the lump sum or annuity

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is it better to take lump sum or annuity lottery
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When someone wins a Mega Millions jackpot and elects to take the annuity annuity payments for a lottery winner distributed to the estate in a lump sum

Dan O'Connell, a partner at PKS & Company, says he would generally recommend choosing the lump sum option “Economically speaking, I would The lottery will keep making annuity payments to winners even after they die If a jackpot winner chooses to receive their prize in annual

what was the pennsylvania lottery From a tax standpoint, it usually makes sense to spread out your lottery receipts and avoid taking the lump sum payout, said James Hines, the The annuity is best if you want to spread out your earnings and get the full prize, while the lump sum could be better for investors with a long

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