Joel Laffin, of Marshfield, wins $1 million lottery prize

Plus, if you take the lump sum with the idea of investing, you'd need to make up nearly half a billion dollars through investments to equal the earnings from

Invest wisely: Whether you take a lump sum or annual annuity payments, it's a good idea to invest some of that money in a well-diversified portfolio of common

how much tax do you pay if you win the lottery If you don't trust the banks, then collecting your winnings in greenbacks might feel safer Next, you'd want to put the money into gold and bury

how do lottery annuity payments work Jackpot winners have two choices when it comes to how they wish to receive their payout The options include annual installment payments each year for 30 years