What This Single Mom Did When She Won $188 Million Will Make You Fall Off Of Your Seat

A Choice To Make, Lump-Sum Or 30-Year Installment?

Once lottery winners have been validated, they must choose between receiving a lump sum payment or receiving payments over the course of 30 years. While taking the entire sum of money may be beneficial for investments, paying it in installments ensures that the enormous fortune lasts.

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The other catch is that the lump sum payment isn’t as much as it appears. However, with smart ways of investing the money, taking the lump sum may become more beneficial than choosing to have a 30-year installment plan of getting the money in full amount.