Lottery Jackpot: Cash Or Annuity?

If you won a lottery jackpot, would you take the cash or annuity option? What’s the difference? Here’s the answer.

9 Responses to "Lottery Jackpot: Cash Or Annuity?"

Tony C says:
October 31, 2014 at 12:55 am
the annuity is so you die before they pay it all out
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William B says:
April 22, 2015 at 1:27 am
CASH of course, put it in the bank, stocks, CD’s & live off your own interest
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Jackal Jacobs says:
June 29, 2015 at 2:20 pm
I think if someone actually win’s ,they just got blessed and they should just be greatful for wat they got ,matter how much they won,for regardless of watt they reserved its more then they had y’all have a blessed day.
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Classic Salsa says:
September 6, 2015 at 3:38 am
The problem here in Florida is that if you take annuity and 2 days later you died…Your family gets 00000 it dies with you…
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MrAzers says:
September 11, 2015 at 5:31 pm
but you can take that money and get your own interest on it and still have it all at once.
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George Gilles says:
October 9, 2015 at 2:39 pm
Very informative when I start playing and when I win I’ll choose this option.
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Old timer says:
May 27, 2016 at 12:56 am
Your cute ;).
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SOOLIN S says:
July 31, 2016 at 6:22 pm
This is my strategy:
1. Put 89% of your net winnings or large inheritance into long-term investments
2. Put 10% of the above into short-term investments
3. Reserve 1% of the above to spend on your wants
Get yourself a good attorney, preferably with a large, well-known Law firm, hire a Certified Financial Planner and Accountant who will work together with you and who you can trust to look after your interests.
Keep your mouth shut!
Take time to get all things in order, don’t be in a rush to get at the money.
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Man Ransom says:
August 9, 2016 at 8:38 pm
I’d go cash option 100%. I wouldn’t trust the money would always be there.
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