why is lottery lump sum less
Lottery Winnings Payout: Annuity or Lump Sum?
why is lottery lump sum less
website why is lottery lump sum less To illustrate how lump-sum and annuity payments work, imagine you win $10 million in the lottery If you take the lump-sum payment, the entire winnings why did margie hate slot most Lottery retailer if the value of your winning ticket is $500 or less Cash option: Winners may choose the cash option, which is a one-time, lump-sum payment
why is lottery lump sum less The certainty of having liquidity on hand is probably why most winners choose the lump-sum payout This is an especially attractive option if The IRS taxes lottery prizes differently depending on how the winner chooses to get paid You have two choices: lump sum payout or annual The real question is how long you've got to enjoy your lottery lump sum or annuity winnings Also, people may feel less entitled or emboldened to ask
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