Dreaming of $1.5B Powerball prize? Consider not taking cash

Nov 3, 2022 · No, it's not as sexy as cash, but it's an annuity doled out over 29 years that would pay that advertised $1.5 billion prize. Winners who opt for cash would get $745.9 million — …

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Dreaming Of $1.5B Powerball Prize? Consider Not Taking Cash

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Nov 3, 2022 · No, it's not as sexy as cash, but it's an annuity doled out over 29 years that would pay that advertised $1.5 billion prize. Winners who opt for cash would get $745.9 million — …

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Dreaming Of $1.5B Powerball Prize? Consider Not Taking Cash

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Nov 3, 2022 · Keil said Powerball’s annuity assumes a 4.3% investment gain of the jackpot’s cash prize. “If you think you can beat the 4.3%, you should take the cash,” Keil said.

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Nov 3, 2022 · You thought you were a sure bet for Wednesday night’s estimated $1.2 billion Powerball jackpot, but alas, there was no big winner.

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Nov 3, 2022 · Lottery players hoping to win this week's massive Powerball jackpot might be smart to dream of an annuity, rather than a truckload of cash

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Dreaming Of $1.5B Powerball Prize? Consider Not Taking Cash

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Nov 3, 2022 · No, it's not as sexy as cash, but it's an annuity doled out over 29 years that would pay that advertised $1.5 billion prize. ... Dreaming of $1.5B Powerball prize? Consider not …

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Dreaming Of $1.5B Powerball Prize? Consider Not Taking Cash

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Nov 3, 2022 · DES MOINES, Iowa — You thought you were a sure bet for Wednesday night's estimated $1.2 billion Powerball jackpot, but alas, there was no big winner. Dreaming of $1.5B …

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Dreaming Of $1.5B Powerball Prize? Consider Not Taking Cash

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Nov 3, 2022 · No, it's not as sexy as cash, but it's an annuity doled out over 29 years that would pay that advertised $1.5 billion prize. Winners who opt for cash would get $745.9 million — …

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Dreaming Of $1.5B Powerball Prize? Consider Not Taking Cash

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Nov 3, 2022 · DES MOINES, Iowa (AP) — You thought you were a sure bet for Wednesday night’s estimated $1.2 billion Powerball jackpot, but alas, there was no big winner. But now, …

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Dreaming Of $1.5B Powerball Prize? Consider Not Taking Cash

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Nov 3, 2022 · DES MOINES, Iowa (AP) — You thought you were a sure bet for Wednesday night's estimated $1.2 billion Powerball jackpot, but alas, there was no big winner.

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Dreaming Of $1.5B Powerball Prize? Consider Not Taking Cash

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Nov 3, 2022 · By SCOTT McFETRIDGE (Associated Press) DES MOINES, Iowa (AP) — You thought you were a sure bet for Wednesday night’s estimated $1.2 billion Powerball jackpot, …

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Nov 3, 2022 · By SCOTT McFETRIDGE (Associated Press) DES MOINES, Iowa (AP) — You thought you were a sure bet for Wednesday night’s estimated $1.2 billion Powerball jackpot, …

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FAQs about Dreaming of $1.5B Powerball prize? Consider not taking cash Coupon?

Should you take the Powerball Cash prize?

“If you think you can beat the 4.3%, you should take the cash,” Keil said. “If you don’t, take the annuity.” While purchasing five Powerball tickets at a Speedway gas station in Minneapolis, 58-year-old Teri Thomas said she’d rather take the cash prize because she doesn’t think she’ll live long enough to collect an annuity over 29 years. ...

What if you don't get a Powerball annuity?

If you don’t choose the annuity option, the prize is paid in a lump sum. Teri Thomas, who purchased five Powerball tickets at a Speedway gas station in Minneapolis, stated that she'd rather take the cash prize because she doesn't think she'll live long enough to collect an annuity over 29 years. ...

Are giant jackpots as sexy as cash?

No, it’s not as sexy as cash, but it’s an annuity doled out over 29 years that would pay that advertised $1.5 billion prize. Winners who opt for cash would get $745.9 million — less than half as much. Still, winners of giant jackpots nearly always take the cash, and financial advisers say that might be a mistake. ...

How much is the Powerball jackpot in 2022?

Consider not taking cash payout A sign shows the current jackpot for the Powerball lottery,$1.2 billion, as it hangs in the reflective window of a convenience store in Miami, Wednesday, Nov. 2, 2022. The jackpot climbed to $1.2 billion after no one matched all six numbers to win. (AP Photo/Rebecca Blackwell) ...

What are the odds of winning the $1.2 billion Powerball jackpot?

The odds of winning the $1.2 billion Powerball jackpot are 1 in 292.2 million. But that hasn’t stopped lottery ticket buyers from dreaming (Nov. 2) (AP Video: Teresa Crawford) DES MOINES, Iowa (AP) — You thought you were a sure bet for Wednesday night’s estimated $1.2 billion Powerball jackpot, but alas, there was no big winner. ...

Is there a big winner in the Powerball jackpot?

Please look at the time stamp on the story to see when it was last updated. DES MOINES, Iowa (AP) — You thought you were a sure bet for Wednesday night’s estimated $1.2 billion Powerball jackpot, but alas, there wasno big winner. ...