Choosing lump sum or annual payments, whats the difference?

Lottery Payout Options — Annuity or Lump Sum? lottery lump sum vs annuity While the lump sum provides a full prize up front, the annuity offers one immediate payment, followed by 29 annual payouts that increase 5% lottery centre Analysis As you can see, if you plan on playing it safe and want to guarantee you'll be rich, the annuity will end up with more money If you rely on riskier

lottery resluts Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to