Lump Sum or Annuity for Lottery Winners?

Annuity vs Lump Sum Lottery Payout Options annual payments lottery And they will have to pay the IRS even more later But before we dive into how much tax a big lottery jackpot winner will pay, here is some information about annual payments lottery Selling your lottery winnings is an option after initially choosing an annuity rather than a lump sum payment If your financial situation changes, annual

lottery up to The insurance company is obligated to make the annual payments to the lottery winner, even if the investments do not perform as expected The