Annuity vs cash, how much of the Mega Millions jackpot would you

Depending on their state laws, they would still have to pay state taxes Typically, most winners choose the lump sum and can, in theory, start

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

lump sum vs annuity lottery With a lump sum, the winner receives all the money at once, after taxes are withheld

lump sum lottery Pros: Taxes favor taking the lump sum because rates are so low right now In 25 years, who knows? Financial pros also point out that with a