Lottery winnings: Should you take lump sum or annuities?

A self-made billionaire's advice for lotto winners: Cash or annuity? annuity for lottery winners The gulf between the cash and annuity options has become larger because inflation has prompted a rise in interest rates, which in turn results annuity payments lottery Powerball's website proposes a simple solution to this: If you die, Powerball can convert your annuity into a cash lump sum, so you can pay

annuity payout calculator lottery Over the term, the player who took the annuity would receive about $ billion after taxes