Which Is Better: Taking the Cash Option or Annuity in the Lottery?

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,

Choosing a lump sum gets your client an immediate payout, but taxes will be imposed on the total amount of winnings This means winners that opt

should you max bet on a slot machine 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

should i buy lottery tickets Your lottery payout can be issued as a one-time lump sum or an annuity You can also take advantage of another financial opportunity such as placing