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Lump-Sum: This is a one-time cost, which is less than the marketed jackpot as a end result of current value considerations.
Annuity: The prize is paid in 30 graduated annual installments, each payment being 5% bigger than the previous one.

The lump sum provides you immediate entry to a large sum of money, whereas the annuity provides a gradual revenue stream over 29 years. The alternative is dependent upon particular person monetary targets and plannin

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