Lottery Payout Options Lump Sums & Annuities

Selling your lottery winnings is an option after initially choosing an annuity rather than a lump sum payment If your financial situation changes,

Lottery Payouts: Lump Sums vs Annuities Part of the series: Annuities & Life Insurance

should you take the lump sum or annuity lottery To illustrate how lump-sum and annuity payments work, imagine you win $10 million in the lottery If you take the lump-sum payment, the entire winnings would be

should you sign your lottery ticket 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