The Powerball lottery, held in the United States of America, has once again entered history. Two residents of the states of Missouri and Texas won a large jackpot. The total reward they will receive amounted to $1.8 billion. This number was recorded as one of the largest lottery winnings in American history.
According to the data, each winner has the right to choose between two options for their share: either receive an annuity payment of $893.5 million for 30 years, or receive a one-time cash payment of $410.3 million. With a one-time payment, taxes are withheld, and with an annuity, the payment is made annually.
Financial analysts note that most winners prefer to receive cash immediately instead of long-term payments. The reason is that through this method, winners will have the opportunity to invest their money or spend it on personal needs.
Read 'Zamin' on Telegram!
