The Powerball jackpot: Should you take it as a lump sum or annual payments?

If someone wins the $625 million jackpot on Saturday night, they are faced with the decision of choosing either the cash lump sum or 30 annuity payments.

But is one better than the other financially?

The Powerball jackpot: Should you take it as a lump sum or annual payments?

The Powerball jackpot grew even richer after no ticket won the $550 million lottery on Wednesday night.


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