The Massachusetts register

Choosing a lump sum gets your client an immediate payout, but taxes will be imposed on the total amount of winnings This means winners that opt

The Massachusetts register “If you would prefer the comfort of knowing you have money for the next several decades consider the annuity payment, if you know you will make

Choosing a lump sum gets your client an immediate payout, but taxes will be imposed on the total amount of winnings This means winners that opt

should you max bet on a slot machine The lump sum may also work better for an 84-year-old, because of her life expectancy, Huntley said Annuity payments would still go into her

In general, there are two ways for lottery payout: through a lottery lump sum or annuity The lump-sum option provides you an immediate but

should i play the lottery Pros: Taxes favor taking the lump sum because rates are so low right now In 25 years, who knows? Financial pros also point out that with a

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