Lottery Annuity
Lottery Annuity
“Most people take the lump sum because they want the money, they want to control it,” Robert Pagliarini, president and chief financial advisor
The first annuity payment starts substantially lower than the lump sum, at around $ million But each successive payment would increase by 5 You don't get the face value In the case of the Massachusetts lottery winner, she received a lump-sum check for $168 million instead of the entire $294 million
raptor slot A cash lump sum means accepting the entire payment all at once, while annuity means accepting a series of payments over time It's more common for winners to Lottery Payouts So, what's the difference between a lump sum and annuity for the lottery? A lump sum lottery payout is a one-time cash payment,
