annuity vs lump sum lottery
Lottery Winnings: Take the Lump Sum or Annuity?
annuity vs lump sum lottery
annuity vs lump sum lottery
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annuity vs lump sum lottery Winners have two options: receiving the cash in a lump sum or in an annuity with annual payments If you choose to receive the money in annuity payments rather sum This equivalence allows one to convert from any present value to any future value and vice versa An example of this relationship is the lottery The With annuities, the jackpot cash is essentially invested and then paid out to winners over three decades Under the annuity plan, winners will