A self-made billionaire's advice for lotto winners: Cash or annuity?
A self-made billionaire's advice for lotto winners: Cash or annuity?
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The math is fairly clear on whether lottery winners should take the annuity or lump sum: The lump sum is the better deal, assuming you don't
Taking the annuity option gives you a built-in control mechanism on your spending, since you can't spend the money until you get each annual installment In If you take your winnings in an annuity payment plan over the typical period of 29 years, you should receive interest on the jackpot and you may
consejos poker With the annuity payments, the winner would see roughly $23 million annually after deducting federal taxes Depending on their state laws, they While annuity payments can be bequeathed to family members in the event of a winner's death, winners without family or heirs might be better