What Should You Do After You've Won Powerball or Mega Millions?

how does a lottery annuity work
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A lottery annuity spreads the tax liability over several years With a lump-sum payment, the entire amount is taxable in the year it is received

Annual payments give you less money that can currently be put to work in any one year Even if you invest a large part of your annual payout, the growth will be

how much is a book of lottery tickets Lottery Lump Sum Vs Annuity Yes, the entire amount is paid at once No, payments are spread over several years Typically less than the advertised jackpot

how late can you play the lottery A lottery annuity spreads the tax liability over several years With a lump-sum payment, the entire amount is taxable in the year it is received