What's better for lottery winners, lump sum or annual payments?

Lottery Payouts: Lump Sums vs Annuities Part of the series: Annuities & Life Insurance

Over the term, the player who took the annuity would receive about $ billion after taxes

better odds lottery Cash option: The current market value of the prize, paid in a single lump sum, less required withholding If you choose the cash option, this amount will be

better slot “You get to defer your taxes with the annuity in a way, because you don't have to pay all of the taxes up front like you do if you take a lump sum and go put it