Mega Millions Jackpot Winner: Is Lump Sum or Annuity Better?

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The $ billion prize would be paid annually over 29 years if the winner picks the annuity option If the winner opts for cash, they would

Even if you account for the amount of money you lose in taxes, investing the lump sum will vastly outpace the annuity long before the annuity is “Most people take the lump sum because they want the money, they Keil said Powerball's annuity assumes a % investment gain of the jackpot's

small town lottery logo The $ billion prize would be paid annually over 29 years if the winner picks the annuity option If the winner opts for cash, they would While annuity payments can be bequeathed to family members in the event of a winner's death, winners without family or heirs might be better