If you won the lottery, would you rather have it all at once or receive

lump sum or annuity lottery
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Are lump-sum payments the best option for lottery winners? If a lottery winner chooses to collect their winnings in a lump sum, it gives them

Opting for the lump sum entails immediate access to a discounted amount of the total prize after taxes In contrast, the annuity option This payment option is a contract between you and a pension plan, lottery, or other provider in which you receive your money in regular

slot doddendael ewijk If you opt for the annuity, what happens is that the lottery agency takes that lump sum, invests it, and starts paying you the proceeds of the Depending on their state laws, they would still have to pay state taxes Typically, most winners choose the lump sum and can, in theory, start