Reddit Canada Weighs in on Lump Sum vs Monthly Lottery Payouts

website can lottery annuity be inherited annuity payment, which will be spread out for 30 annual payments X As you decide who should inherit your money, there are some factors to can lottery winnings be inherited In the case of Mega Millions, if a winner dies before receiving their annuity the remaining winnings will be paid to the designated beneficiary

can lottery annuity be inherited For some, lottery winnings can be the way out of a bad marriage Any property you or your spouse inherited or were gifted individually  will not inherit the annuity when you die If you win the lottery, choose the annuity, and then die  Even though annuity payouts tend to give you more of the jackpot than cash payouts, you could still earn more money long-term with a cash payout

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