Powerball jackpot: is it better to take the cash option or annuity

Lottery winners have two payout options: a lump sum or an annuity Taking a lump sum means you will receive 40 to 50 percent of the jackpot for immediate use or

A Powerball or Mega Millions jackpot winner who selects the cash value option will receive the net present value of the Grand Prize This

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lottery mas Many lottery winners quickly spend through all their winnings, leaving themselves destitute in just a few years Taking the annuity option gives you a built-in