Mega Millions Jackpot: What's the best payout option, lump sum or

website lottery lump sum or annuity If you don't want to take the one-time payout, there's an annuity option that pays out over a period of years This option allows winners to lottery result 4_5_2024 Under the annuity plan, winners will receive an immediate payment and then 29 annual payments that rise by 5% each year until finally reaching

lottery lump sum or annuity Those playing should know that while the jackpot advertised is $ billion, after taxes, the figure drops to $ million The lump sum  The first annuity payment starts substantially lower than the lump sum, at around $ million But each successive payment would increase by 5  Given the significant size of this lottery prize, Kehoe told Business Insider in an email, the recipient will be in the maximum income tax

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