Lotto Winnings: Annuity or Lump Sum?
Lotto Winnings: Annuity or Lump Sum?
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But if you take the lump-sum cash prize, you'll pay tax twice: on the prize when you win it, and on the income you get by investing it This
If you choose the annuity, you may be taking a risk Unlike the lump sum, you don't pay your taxes on it all at once If tax rates go down in But if you take the lump-sum cash prize, you'll pay tax twice: on the prize when you win it, and on the income you get by investing it This
florida scratch off lottery tickets This can result in overall tax savings compared to the lump sum option Controlled Spending Annuity payments help control spending by limiting the amount you Choosing annuity is certainly an option that the new generation of lottery players are more inclined to take The baby boomer generation would