Annuity or lump sum? Calculating how much a $ billion

Annuity or lump sum? Calculating how much a $ billion lottery lump sum payout The total payout value is discounted when you take the lump sum The interest rate used in the present value calculation is long term bond rate lottery sambad 112 24 LUMP SUM: Winners can accept a one-time cash payout In the case of the $202 million jackpot, the winner could take $ million in cash

lottery sambad 112 24 Most lottery winners have the option of receiving their money as a lump sum payout or in the form of an annuity Advice from a financial advisor

lottery result 23 5 24 The lump-sum cash payment is about half of the advertised prize amount since you immediately get the money the Lottery would have invested during the next 24 If you take the lump sum payout of a sizable lottery jackpot, you will likely be pushed into the top tax bracket of 37%