Powerball winners: Annuity or lump sum?
Powerball winners: Annuity or lump sum?
Basically, lump sum payout really means “one chance payout”, whereas annual payout means “multiple chance payouts” Depending on the state and lottery rules,
The lump sum is the cash that a winner has actually won The highlighted $ billion prize is for a sole winner who is paid through an annuity Once you're ultimately ready to come forward and claim your prize, you'll have a big decision to make: take the annuity option or a lump sum
national lottery scratch cards remaining prizes Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to The money can be paid either in a lump sum as already described—or through 30 years' worth of annual annuity payments, Matheson explains In the case of the
