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Winners who opt for cash would be paid $ million The prizes would be subject to federal taxes, and many states also tax lottery winnings

Lottery players nationwide have the chance at nearly $2 billion as the Mega Millions and Powerball jackpots continue to roll  Every jackpot also has a cash value — for this prize, it's an estimated $ million Cash vs annuity: Which payout should you pick if you

how much money should you put in a slot machine I would therefore set up a lottery trust to claim the winnings I'm NOT sure if one is better off taking it as a lump sum or annuitized payment  Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax