Annuity vs Lump Sum, which has the larger Present Value?

Lottery winnings are taxable The IRS considers them gambling winnings, and they're taxed just like regular income tax With the lump-sum payment, you would pay

There are two payout options for the lucky winner: a lump sum of $ million or an annuity worth $1 billion Both are pretax estimates

annuity for lottery winners If you have a lottery annuity but want your lotto money now, not later, selling to JG Wentworth for a lump sum could be the right option for you

annuity lottery calculator Over the term, the player who took the annuity would receive about $ billion after taxes