Lump sum or annuity? We're talking Powerball winnings

Lottery Payments: Can Lottery Annuity payments be willed? annuity vs lump sum lottery When you win the lottery jackpot, you're given a choice between a lump-sum payment or an annuity paid out over nearly three decades Most annuity lottery Powerball's website proposes a simple solution to this: If you die, Powerball can convert your annuity into a cash lump sum, so you can pay

annuity option lottery On an estimated lump sum of $ million before taxes, the federal withholding is estimated to be $ million if 24% is withheld That