If you win the Powerball lottery, don't take the payment in a lump sum

The problem with the lump sum is… there is a high chance that people will basically spend the jackpot down and basically run out of money,

Then it would be better to take the annuity Some may be wondering which state claims the most of a winner's lottery payout According to

take 5 slot According to our research, if you invest it all and if you can obtain an annual return of more than between 3 and 4%, the lump sum makes sense

take 5 ny lottery A lump sum allows you to collect all of your money at one time On the other hand, an annuity is a series of steady payments that are made at