Lump Sum or Annuity for Lottery Winners?

Lump Sum or Annuity for Lottery Winners? is it better to take a lump sum or annuity lottery If you would prefer the comfort of knowing you have money for the next several decades consider the annuity payment, if you know you will make is 3 pair a thing in poker But if you prefer having more financial certainty in your later years, the annuity may be the best route In this article, we explain both options, how they

is 3 pair a thing in poker From a tax standpoint, it usually makes sense to spread out your lottery receipts and avoid taking the lump sum payout, said James Hines, the

is the lottery taxed in canada 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 Lump-Sum vs Annuity Payments: An Example To illustrate how lump-sum and annuity payments work, imagine you win $10 million in the lottery If you take the