Texas Powerball lottery: Lump sum versus annuity payments

lottery annuity
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lottery annuity Annuity payments calculation of the winning amount Suppose you win X amount of lottery jackpot, then federal tax is deducted immediately from the advertised  Refer to the game rules for specific information Lump Sum Available Annuity Available Powerball® Yes Jackpot only Mega Millions®   Would the proceeds I receive from a third party for the sale of an annuity I received due to winning a PA Lottery sponsored game be subject to Pennsylvania

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