That state is one of few that doesn't tax lottery winnings. will make sure that you pay up, starting with your first payout if you take the annuity.
A lottery winner may become a loser if he accepts a lump-sum payment, says Dr. Don Taylor. Should I keep the annuity or sell it? Either I or.
The Non-Cash payouts are no longer equal payments, and are now annuitized, starting lower and increasing each year by about 4-5% depending on the lottery. Spreadsheets for Finance: How to Calculate Present Value