Lottery Payout Options — Annuity or Lump Sum?

Lump Sum or Annuity for Lottery Winners? 30 year lottery annuity payout calculator Your net payout: $15,563,682 After 30 payments: $33,616,560 Annuity Payment Schedule Puerto Rico: No state tax on lottery prizes Your average net per year 300mium359 It helps you plan how much money you'll have each year from your winnings year if you won a lottery annuity of $500,000 spread over 10 years

300maan807 30% TDS on a lottery payment of Rs 300,000 , and this is your only income in the financial year, when you file your ITR