Lottery Winnings: Take the Lump Sum or Annuity?

lump sum lottery
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The Illinois Lottery pays Lotto, Mega Millions and your estate or trust may be entitled to receive the current cash value of the prize in a lump sum

Given the significant size of this lottery prize, Kehoe said to Business Insider in an email, the recipient will be in the maximum income tax

lump sum or annuity lottery According to lottery officials, most winners opt for the lump sum, or “cash option,” as Mega Millions calls the payout In the case of the next

lump sum vs annuity lottery Winners of Mega Millions and Powerball jackpots opting for the lump sum will get a lot less Around $ billion is