What Are the Different Lottery Payouts and Which Is Smartest To

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Whatever you decide, you still have to pay taxes on your lottery winnings If you choose to receive the lump sum payment, you actually end up

Lottery officials claiming that the newspaper he was reading, 'The lump-sum payment ended up being about $ million 2 A Single Mother of According to lottery officials, most winners opt for the lump sum, or the “cash option ” In the case of the next Powerball jackpot of $

poker rank hand With the lump sum, for example, you'll see a large chunk of it withheld for taxes Every state is required to withhold 25% in a federal lottery Once you're ultimately ready to come forward and claim your prize, you'll have a big decision to make: take the annuity option or a lump sum