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Lottery winners have two payout options: a lump sum or an annuity Taking a lump sum means you will receive 40 to 50 percent of the jackpot for immediate use or

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how does flush work in poker Some lottery winners are spending their prize money on lavish mansions, vintage cars, and international trips Others are paying off their

how to check lottery tickets on your phone If you take the lump sum, the taxes are based on the lump sum amount, not the advertised annuity amount The winnings are taxed as normal income