Here's why you shouldn't take the cash option on Powerball's $

lottery cash option   Dan lottery 7

A winning contestant in Monday night's 11 drawing would have the option of receiving the money divided over 30 annual installments or

CASH OPTION - The manner in which the CASH 4 LIFE Jackpot Prize or Second Level Prize may be paid in a lump sum single payment CASH BALL- The number selected The annual-payment option invests the value of the estimated present cash value of the jackpot amount in securities over a period of years (usually 20 to 30

9lsm slot Ratio of Powerball annuity value to cash value · The annuity option is an annual payout over 30 years, with the sum paid out rising by 5% each cash option” or 30 annuitized payments with a 5% yearly increase The next Powerball drawing is Wednesday at 11 ET