Lottery Payout Options: Annuity vs Lump Sum

The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn

The federal government will immediately take $142,824,000 from that cash option Remember, the rest of your federal tax bill comes next

how to play zynga poker If you choose to take the lump sum payout, a $ billion jackpot is really worth about $930 million That's because $930 million is the actual

how to win in slot games But once that gold ball has dropped — and according to lottery officials it is guaranteed someone will win the $68 million — what should the