Dear Powerball Winner: Take Our Advice and Take the Annuity
Dear Powerball Winner: Take Our Advice and Take the Annuity
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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
If you take your winnings in an annuity payment plan over the typical period of 29 years, you should receive interest on the jackpot and you may If you take your winnings in an annuity payment plan over the typical period of 29 years, you should receive interest on the jackpot and you may
the odds of winning the lottery The money can be paid either in a lump sum as already described—or through 30 years' worth of annual annuity payments, Matheson explains In the case of the For example, the recent $ billion million jackpot winners will share approximately $ million if they choose the lump sum option, which most people do
