Mega Millions: Should Winner Take Annuity or Lump Sum?

website lottery cash or annuity Many lottery players would be better off with the annuity since many of them have poor money management skills (they're wasting money on the lottery cut off time cash, a gift certificate or equivalent item does not qualify for the Lottery Payments Courts have agreed with the IRS that a lump sum received for

lottery cash or annuity Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments Each payment is 5% bigger than the previous one   While annuities offer a great long-term financial opportunity for lotto winners, someone doesn't have to hit the jackpot to leverage them They  Annuity: A player who chooses not to elect the cash option or who does not elect the cash option within the sixty-day limit will be paid his or her

Share

Share

Link

Turn off sharing Copy link

See all details