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Is it better to take a lump sum or monthly payments lottery?

1 Answer

+1 vote
If you win the Powerball lottery, don't take the payment in a lump sum. The winner of the Powerball lottery can take the money either as an annuity or a lump sum. The lump sum means taking the entire cash value at once, but there's a catch: The lump sum is less than the value of the total jackpot.
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