Would You Take an Annuity or Lump Sum?

Say you win a $10 million prize If you take the lump sum option, the entire sum is subject to income tax that year However, if you choose the annuity option,

If a lottery winner chooses to collect their winnings in a lump sum, it gives them the opportunity to invest in high-yield financial options,

should i buy lottery tickets Powerball taxes: Lump sum payout or annuity? money flying in blue sky (Image Powerball after taxes: How much do you take home? If you are the lucky

should i play the lottery Another decision lottery winners will be faced with is the decision to accept the cash lump sum or to take the winnings through annuity A cash lump sum