Powerball winner has choice to make: 1 lump sum or decades of

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To illustrate how lump-sum and annuity payments work, imagine you win $10 million in the lottery If you take the lump-sum payment, the entire winnings

The lump sum affords more control over winnings and investments, but higher taxes overall The annuity payment option means less initial Most large lottery winners blow through the money in a few years The lump sum is far less than the annuity overall PV'd at today's low

4d slot login 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 Lottery expert Victor Matheson, an economics professor at the College of the Holy Cross, said the rising jackpots lotteries are attracting more