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Cash or annuity? Which option to pick if you win Mega Millions jackpot

Cash or annuity? Which option to pick if you win Mega Millions jackpot

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lottery cash option vs annuity
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From a purely monetary standpoint, it is usually smarter to take the annuity option for the simple reason that you will get a bigger portion of the jackpot But

Selling your lottery winnings is an option after initially choosing an annuity rather than a lump sum payment If your financial situation changes, When someone wins a Mega Millions jackpot and elects to take the annuity option, they will receive one immediate payment and 29 subsequent annual payments where

scanner lottery Once the ticket has been presented for payment, jackpot winners have 60 days to decide if they would like to take the cash option or the annuity option, which From a purely monetary standpoint, it is usually smarter to take the annuity option for the simple reason that you will get a bigger portion of the jackpot But

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