Why do most lottery winners choose to take a lump sum payment

why is lottery lump sum less
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What exists is that lump sum,” Carolyn Becker, deputy director of public affairs and communications for the California Lottery, told Nexstar

Winners of Mega Millions and Powerball jackpots opting for the lump sum will get a lot less Around $ billion is With a lump sum, on the other hand, any money left upon death would pass to the beneficiary's heirs This is less of a risk for lottery winners Lotteries

cash machine slot What exists is that lump sum,” Carolyn Becker, deputy director of public affairs and communications for the California Lottery, told Nexstar Several financial advisors recommend taking the lump sum because you typically receive a better return on investing lottery winnings in higher-return assets,