How does a lottery annuity work?

You must present the ticket at the time of claim Will I have to pay taxes on my prize? The Hoosier Lottery withholds 24 percent in federal tax if the winnings

If a lottery winner chooses to collect their winnings in a lump sum, it gives them the opportunity to invest in high-yield financial options,

canada poker online Note that for a jackpot winner who chooses the discounted lump-sum option, the after-tax winnings will be about 30% of the headline jackpot (

canada lottery winnings tax The IRS taxes lottery prizes differently depending on how the winner chooses to get paid You have two choices: lump sum payout or annual