A self-made billionaire's advice for lotto winners: Cash or annuity?

If you take your winnings in an annuity payment plan over the typical period of 29 years, you should receive interest on the jackpot and you may

With the annuity payments, the winner would see roughly $23 million annually after deducting federal taxes Depending on their state laws, they

lottery sambad 7 12 23 Taking the annuity option gives you a built-in control mechanism on your spending, since you can't spend the money until you get each annual installment In

lottery winning stories With annuities, the jackpot cash is essentially invested and then paid out to winners over three decades Under the annuity plan, winners will