A self-made billionaire's advice for lotto winners: Cash or annuity?

That's because it's assumed you can invest the lump sum and, with earnings, accumulate the equivalent total payouts you would have received had you chosen the

A self-made billionaire's advice for lotto winners: Cash or annuity? Won the lottery and wondering if the lump sum or annuity is a better option? Compare your Powerball, MegaMillions and Lottery lump sum cash

That's because it's assumed you can invest the lump sum and, with earnings, accumulate the equivalent total payouts you would have received had you chosen the

better odds than winning the lottery The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn

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

better wilds slot The cash option for this jackpot is $ million, according to Powerball In 2018, the federal tax withholdings for winnings more than $5,000

The annuity is best if you want to spread out your earnings and get the full prize, while the lump sum could be better for investors with a long