So you won the Mega Millions lottery jackpot What happens now?

With a lump sum, the winner receives all the money at once, after taxes are withheld With the cash option in the Mega Millions jackpot, the

So you won the Mega Millions lottery jackpot What happens now? Choosing a lump sum gets your client an immediate payout, but taxes will be imposed on the total amount of winnings This means winners that opt

With a lump sum, the winner receives all the money at once, after taxes are withheld With the cash option in the Mega Millions jackpot, the

is online poker legal in ohio While the lump sum provides a full prize up front, the annuity offers one immediate payment, followed by 29 annual payouts that increase 5% each

Which is better: lump-sum or annuity? The answer depends on factors such as your expected return on invested cash and the pros and cons of

is poker legal in texas Lottery Payouts: Lump Sums vs Annuities Part of the series: Annuities & Life Insurance

So, quantitatively, you have to ask yourself if you think you can achieve a better return on the $17M lump sum than the treasury bill rate (very