How the Lottery Works and How Much You'd Keep If You Won
How the Lottery Works and How Much You'd Keep If You Won
With the lump sum, for example, you'll see a large chunk of it withheld for taxes Every state is required to withhold 25% in a federal lottery
Many financial advisors recommend you take a lump sum because it allows you to receive a larger return if you invest it in growth-oriented 50% CASH OPTION: ONE LUMP SUM PAYMENT ; $1,000,000, $500,000, 380,000 ; $1,200,000, $600,000, 456,000 ; $1,400,000, $700,000, 532,000 ; $1,600,000, $800,000
merge poker It's more common for winners to take the lump sum, Blenner said, because it provides them with the freedom to invest as they wish with maximum available funds Death Benefits on Lottery Payouts Lottery annuities almost always include death benefits Suppose you choose the annuity payout option, and you die before you
