Lump Sum or Annuity for Lottery Winners?

ELI5 Why lotto winners almost always take the smaller cash prize annuity for lottery winners The gulf between the cash and annuity options has become larger because inflation has prompted a rise in interest rates, which in turn results annuity calculator lottery lotteries Persons with illicit money hang around the offices where payouts are made and purchase tickets from winners who

annuity or lump sum lottery Finance strategists said that choosing a lottery annuity payout provides winners with a consistent stream of income over an extended period,