Which Is Better: Taking the Cash Option or Annuity in the Lottery?
Which Is Better: Taking the Cash Option or Annuity in the Lottery?
Annuity refers to a fixed payment on a regular basis which can be monthly or quarterly or on any other basis as per the contract whereas lump
This option is available to lottery winners who want to sell their annuity payment for a lump sum but only need a portion of the lump sum and want to invest the annuity or single lump sum payment If the payment election is not made by the player within 60 days after validation, then the prize shall be paid as an
visa lottery program Should a lottery winner claim the cash value of a jackpot and receive a reduced amount of money right away in a single payment, or choose 30 Pros: Taxes favor taking the lump sum because rates are so low right now In 25 years, who knows? Financial pros also point out that with a
