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If I win, from a finance perspective, what should I do? Take the lump sum or the annuity

When a player wins a Powerball, Mega Millions, Lotto America or Lucky for Life jackpot, what's the difference between taking the annuity or lump-sum payout? Calculate the present value of a future value lump sum of money using pv = fv ^n The present value investment for a future value

slot puntata minima 1 centesimo 50% CASH OPTION: ONE LUMP SUM PAYMENT PRIZE, Annual Payment Before Taxes, Annual Payment After Federal Income Tax Withholding* $1,000,000, $500,000, 380,000  The difference between the two is that while PV represents the present value of a sum of money or cash flow, NPV represents the net of all cash inflows and all