What's better for lottery winners, lump sum or annual payments?

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If you do not have a financial calculator, you can consult an annuity table, which sets forth the pre-calculated compound interest rates for

With the Mega Millions jackpot at half a billion dollars, many are fantasizing about what they would do with all that dough  If you want your money right away, you'll want to select the cash option If you want more money in the end, you may prefer the annuity option

ultimate video poker free To protect any heirs, detailing who the annuity should be transferred in the case of one's death should be written in a person's will However, Each payment is 5% bigger than the previous one This helps protect winners' lifestyle and purchasing power in periods of inflation For a typical jackpot of