One of the reasons many people choose the lump sum lottery payout when they win it big it to take control of their money and get the government out of it. The government already withholds up to 25% of jackpot winnings in taxes and now a new state law that’s set to take effect...
Can You Sell Your Annuity Payments?
I once had a friend that would check his mailbox every day hoping for a chance to win a million dollars. The problem is, he never played the lottery or won a court case. Those who have actually won an annuity or structured settlement on the other hand might be a bit disappointed to...