How the Lottery Works and How Much You'd Keep If You Won

Should you take your lottery winnings in a lump sum or in annuity payments over time? We talked to some experts to find out which option is

In fact, Powerball annuity payments are scheduled to increase 5% every year during the 29 years of your annuity payment plan, which means not

annuity calculator lottery “So by taking the annuity, it is basically like having the lottery put your money into a high-yield savings account in the first place,” Matheson explains

annuity for lottery winners Why It Is Smarter for Lottery Winners to Take the Lump Sum The math is fairly clear on whether lottery winners should take the annuity or lump