Mega Millions lottery $1 billion jackpot: Annuity or lump sum?

website lottery cash vs annuity When a player wins a lottery, they are typically given two options on how to receive their winnings: as a lump sum or an annuity Choosing the lottery function The math is fairly clear on whether lottery winners should take the annuity or lump sum: The lump sum is the better deal, assuming you don't

lottery cash vs annuity More frequent billion-dollar winnings raise the question: Which payout option is better? Cash or annuity? Mark Cuban, self-made billionaire and star of ABC's   cash, a gift certificate or equivalent item does not qualify for the Lottery Payments Courts have agreed with the IRS that a lump sum received for  But, in general, the cash up front or annuity options are available to the bigger winners, including instant ticket winners in Massachusetts of

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