Why is the cash option for the $ Powerball drawing so low? The

Lottery Payout Options: Annuity vs Lump Sum lottery cash option Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Oregon Powerball winner does lottery ticket number check Q: What's the difference between the cash and annuity option? A: When someone wins the jackpot and wants cash, they get all of the cash in the jackpot prize

lottery result 20 5 24 Winners nearly always pick the cash option, which for Wednesday night's drawing would be an estimated $551 million The odds of winning the