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Option for annuity vs. lump sum on lesser prizes?

Option for annuity vs. lump sum on lesser prizes?

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Just a curious query in regards to the non-grand prizes within the more than a few lotteries, i.e., Mega, PB, and so on. I do know the marketed jackpot is the longer term price of the jackpot in case you have been to take the 30 12 months annuity and the lump sum is set 2/3rds. But what in case you have been to win the 2d prize , just like the five out of five $1million prize? Is the prize in reality $1m or is it the similar the place it is in truth about $600okay and also you had the strategy to take the cash over 30 years? Or is it $1 million, duration (earlier than taxes
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Updated: September 20, 2018 — 7:48 pm

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