It?s easy to believe that once you?ve won the lottery, your life instantly becomes better and easier. However, this isn?t necessarily the case ? because the lottery isn?t exactly the simple payout that everyone thinks it is. In fact, the lottery isn?t one major payment, but many over a certain amount of months, dependent on the original amount. That?s not taking into account taxes involved. Many Americans are turning to selling lottery payments for lump sums; and once you consider everything involved, it?s easy to understand why.
Lottery Payments: The Difference Between Lump Sum And Annuity
One major reason why people choose selling lottery payments is that the lottery isn?t everything they envision i