Mega Millions jackpot: Lump sum or annuity payout? What to know
While annuity payments can be bequeathed to family members in the event of a winner's death, winners without family or heirs might be better
Powerball Jackpot: Cash vs Annuity Option lottery cash option vs annuity
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A lump sum lottery payout is a one-time cash payment, whereas an annuity payout provides annual payments over time Depending on which state you
lottery stories As a result, choosing the cash option may prove more straightforward when it comes to fulfilling your tax obligations It also allows winners
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