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

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

Put as simply as possible, there are a lot of incentives to choose the annuity payments over the lump sum payment (you get more money in the end, for one thing,

lottery result 6 8 2023 While the lump sum provides a full prize up front, the annuity offers one immediate payment, followed by 29 annual payouts that increase 5% each

lottery sambad 20_06_23 Why It Is Smarter for Lottery Winners to Take the Lump Sum The math is fairly clear on whether lottery winners should take the annuity or lump