Lotto Winnings: Annuity or Lump Sum?

Reddit Canada Weighs in on Lump Sum vs Monthly Lottery Payouts lump sum lottery Lottery Payments Courts have agreed with the IRS that a lump sum received for assigning the rights to future state lottery payments is taxed as ordinary lump sum vs annuity lottery 90%+ of these cases, the lump sum is better The depreciation of value over time is too great, and you never know what might happen throughout

lump sum lottery payout Several financial advisors recommend taking the lump sum because you typically receive a better return on investing lottery winnings in higher-return assets,