Code of Massachusetts regulations, 2013

Most jackpot winners go with the lump sum, which means they get the “cash value” of that jackpot For Wednesday's Powerball jackpot, the cash

When choosing this option, the winner is paid in one lump sum However, the cash value payout of the jackpot is much less than the one offered for an annuity

why are lottery winnings not taxed in canada The jackpot will reset to $40 million for Friday night's drawing with a cash option of $ million If it's a smaller amount, the

why is the lottery taxed Nearly all winners actually prefer a cash payout, which for Friday night's drawing would be an estimated $461 million — less than half the