What Are the Different Lottery Payouts and Which Is Smartest To

lottery cash vs annuity
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Once the ticket has been presented for payment, jackpot winners have 60 days to decide if they would like to take the cash option or the annuity option, which

Lottery Payouts: Lump Sums vs Annuities Part of the series: Annuities & Life Insurance Even though annuity payouts tend to give you more of the jackpot than cash payouts, you could still earn more money long-term with a cash payout

lottery result 7 In general, there are two ways the Powerball pays out: through a lottery annuity or as a lump sum cash value and the advertised annuity jackpot value  Every Mega Millions or Powerball jackpot winner has the option to take cash How much that is depends on whether you went for the cash or annuity option