Should You Take the Annuity or the Lump Sum If You Win the Lottery?

lump sum vs annuity lottery
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Death Benefits on Lottery Payouts Lottery annuities almost always include death benefits Suppose you choose the annuity payout option, and you die before you

Susan M Tillery, Thomas N Tillery recipient earned over his or her lottery may elect to receive annuity payments instead of a lump sum payment

lump sum or annuity lottery The $ billion is the amount you'd get if you take an annuity The lump-sum payout is a more modest $904 million, almost $80 million less than

lump sum lottery payout The advertised lottery jackpot is for winners choosing payment through an annuity over 30 years Higher interest rates mean a lump sum will grow