CNN CNN Newsroom With Pamela Brown July 7, 2024
lottery payouts? if a powerball winner clueses to get paid over time, they'll get 30 payments over 29 years. and guess what happens to the money that hasn't been paid out? lottery officials invest it for the winner. they usually figure on about a 5% return. but remember, right now, the return on government i-bonds is almost 7%. that means the invested money gets a higher return, leading to a higher jackpot. so if you're buying tickets, you might be better off not choosing the cash payout. if you win tonight, you select the cash payout, you'll get this. $782 million. of course, that's...
Source: archive.org
