Lottery Payouts: Lump Sums vs Annuities
Lottery Payouts: Lump Sums vs Annuities
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According to our research, if you invest it all and if you can obtain an annual return of more than between 3 and 4%, the lump sum makes sense
Should you beat the odds, and find yourself a lottery winner, choosing between a lump sum and annual payments does make a difference, and depends largely on The key question we wanted to know is whether a winner should take the all the cash up front or whether one should take the annuity, which
today''s lottery numbers please “When people retire and are handed a lump sum, there's sometimes what's known as 'the lottery effect,'” says Roberta Rafaloff, vice president The math is fairly clear on whether lottery winners should take the annuity or lump sum: The lump sum is the better deal, assuming you don't