Powerball jackpot lump sum vs annuity: Which option is better?

Powerball jackpot hits $1 billion Here's how to pick between the lump sum or annuity if you win · The Powerball jackpot officially hit $1

Powerball and Mega Millions annuities last 29 years, breaking your payout into 30 annual installments Unlike a lump sum, receiving an annuity ensures a

powerball drawing delayed due to technical issue The prize is taxed if a person takes the annuity option − which is what the advertised jackpot figure represents − or the lump sum A 2018

powerball ticket cut off “The annuity factor is made up of interest rates for securities purchased to fund prize payments,” the Powerball website says “The higher the