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If a lucky Mega Millions winner opts for the lump sum route their cash option smaller Powerball drawing with a $120 million grand prize

The lump sum affords more control over winnings and investments, but higher taxes overall The annuity payment option means less initial control

why do poker players play with their chips As of 2020, you'll likely owe the IRS at least 37% in taxes Are there any risks of taking the lump sum? Yes receiving such a large amount of

why are slot machines addictive But last week, the estimated lump sum dropped from Wednesday to Friday because the weekly annuity factor changed and the amount necessary to