Why would someone choose a lottery annuity instead of a lump sum

A lump sum lottery payout is a one-time cash payment, whereas an annuity payout provides annual payments over time Depending on which state you

“You get to defer your taxes with the annuity in a way, because you don't have to pay all of the taxes up front like you do if you take a lump sum and go put it

should you take the lump sum or annuity lottery Should you take lump sum or annuity payout? What are the tax consquences Most jackpot winners choose the lump-sum payout, as did our Powerball

should you sign your lottery ticket From what I understand there have been a few cases where the state doesn't pay out the annuity because they default So lump some is always the