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ForumsResults 1 - 1 of 1 for annuity vs. cash. (0.01 seconds)
California Lottery announces group as winners of historic $1.765 billion Powerball jackpot
Cash value has been less than 50% for a while .. since interest rates started shooting up (big change from the COVID days of 83% :)
But the hight interest rates is why the jackpots are so high (the return on annuity investments is earning a lot more.. 30 yr government bonds are over 4% now vs not much more than 2% during COVID
Mar 16, 2024, 6:28 am - kao1632 - Lottery News
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