Lotto Winnings: Annuity or Lump Sum?
Lotto Winnings: Annuity or Lump Sum?
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According to our research, if you invest it all and if you can obtain an annual return of more than between 3 and 4%, the lump sum makes sense
Put as simply as possible, there are a lot of incentives to choose the annuity payments over the lump sum payment (you get more money in the end, for one thing, Even if you account for the amount of money you lose in taxes, investing the lump sum will vastly outpace the annuity long before the annuity is
fruitbat crazy slot Here's an idea of what you'll owe the IRS in taxes if you should win TABLE OF CONTENTS Choosing the lump sum payout vs the annuity option; You Cash in hand can feel good, and you can potentially generate extra returns by investing your lump sum—assuming you can manage the risk Annuity payments, on the