Lotto Winnings: Annuity or Lump Sum?

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The $ billion prize would be paid annually over 29 years if the winner picks the annuity option If the winner opts for cash, they would

While the lump sum provides a full prize up front, the annuity offers one immediate payment, followed by 29 annual payouts that increase 5% If someone matches six numbers on their ticket, they'll choose between receiving a lump sum of approximately $ million or the $ billion

dear 6 rs lottery result A cash lump sum means accepting the entire payment all at once, while annuity means accepting a series of payments over time It's more common for winners to Someone in Illinois bought the winning ticket, and if he or she does like most winners, they will take the lump sum, not the annuity The