Winning The Lotto Doesn’t Have As Much Value As You Think

 

Most of the people don’t realize that a huge chunk of their lottery winnings will be consumed by taxes. You either annuitize your winning or take a lump sum. Either way, after the payment of federal, state and local taxes the windfall can be cut by almost 50%!/ CNBC Video

Saturday, August 12th, 2017 Business, digest, usa

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