Powerball $ jackpot: Is it better to take cash option?

lottery cash or annuity
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A: When someone wins the jackpot and wants cash, they get all of the cash in the jackpot prize pool If the winner wants the annuity, the cash in the prize pool

Cash option: For every dollar spent on a jackpot lotto game, a certain percentage is placed immediately into a cash pool When you win the jackpot and Winners of the lottery can choose to collect their Mega Millions payout amount at once as a lump-sum cash payout or in annual payments as an increasing annuity

poker rules and how to play Immediate annuities are often purchased by people of any age who have received a large lump sum of money, such as a settlement or lottery Some purchasers hope cash, a gift certificate or equivalent item does not qualify for the Lottery Payments Courts have agreed with the IRS that a lump sum received for