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$1 Billion Jackpot: Would You Take an Annuity or Lump Sum? [Financial Breakdown]

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600 million dollars invested today will earn a lot morethan 400 million overthe next 30 years
Comment from : @samanthacruz1312

There are generally no California state taxes for Lottery prizes, but we are required to withhold federal taxes With an annuity prize, payments are made based on a graduated or a straight payment structure Who Receives the Interest Earned on this Prize Money
Comment from : @marcus-f2v3n

California doesn’t tax lottery winnings
Comment from : @terrenceg483

being the age I am 76 years I would take the full lump sum
Comment from : @CatherineBadenhorst-d9i

Give away $70 million _ you deserve to be broke
Comment from : @DanteAlighairi

California doesn’t charge for lottery tickets
Comment from : @charam129

I’ll take the annuity It’s better in the long run
Comment from : @mikeb3758

Me depending on age 20s - 40 year 50th sum
Comment from : @ernestfrazier5581

Annual payments
Comment from : @altonrandolph775

At 67 I would take the annuity n start a trust also invest in high yield savings accounts and invest in properties and some charities
Comment from : @Mike-cp5ch

It’s funny that you used California as the high tax example as it actually exempts lottery winnings from income tax
Comment from : @user-tz5uq2bt1s

Pfft invest 30M of the annuity
Comment from : @L4NDSH4RK

I'd be tempted to do annuity, but let's see what you say
Comment from : @L4NDSH4RK

This dude is speaking from a selfish point of view He probably doesn’t have kids
Comment from : @markziegler5115

California does not charge taxes on lottery winnings so you would have a zero tax obligation in that state
Comment from : @pattyrick99dad

I mean the ticket is only $2, so it’s a win regardless of which option you choose
Comment from : @deuntae7312

That’s incorrect…lump sum payout do not pay California state taxes only taxes to the IRS
Comment from : @sunshine1450

Take the lump sumbrAnd Discipline yourself to divide the money into different categories…brGive yourself a Set annuity weekly, monthly etc brthat way you understand how much you’re spending and how long the money can last based upon your monthly spending brIt’s your lottery Win, take it all Don’t wait to receive it
Comment from : @haydenrose866

Annuity for me 🎉
Comment from : @biwaki14

Ca doesn’t tax lotto winnings b*/b
Comment from : @thomasfraser4252

Just speak the truth… the Commission can only slightly double the cash in 29 years! 😂😂😂😂😂😂😂😂
Comment from : @3209-f4h

Annuity payment start small and get bigger over time so $37,000,00 average a year is misleading Also, you lose the Principle amount If you take the lump sum you can invest the Principle and never ever spend it
Comment from : @johnnyotto3610

THANK YOU SO MUCH, MAY GOD BLESS
Comment from : @fredyngoy-g9w

Thank you for the knowledge
Comment from : @fredyngoy-g9w

California does not tax lottery wins!
Comment from : @davidwells8977

California doesn’t tax lotto winnings chief
Comment from : @MJyoutubechannel23

He said : purchasing things you dont really need Im buying everything I dont really need! You only live once Im not leaving a DIME for my ungrateful ,Greedy Family to spend!
Comment from : @rhondawalker6732

Annuity for the ladies and children in the future 2025 What One Asian one Ukraine one Jamaica one Puerto Rican baby mamas… What…
Comment from : @junebug8882

This is an informative video I have often wondered which was the better choice I have always leaned toward annuity I would choose annuity pay outs And hire an attorney and financial advisor It would be silly not to 😊😊
Comment from : @denisepeter7050

Imagine people put in cash buying tickets so cash is there but when you win they w at to tax you and punish you for taking cash option I can’t stand this robbery crap
Comment from : @artishuk

Thanks for the video, just noticed you put inest instead of invest in one of the slides
Comment from : @jonadams5547

Thanks for the helpful information
Comment from : @peacelove7116

⁸
Comment from : @Michele-j7n

With the annual payouts, are you taxed every year on what you received from lottery winnings? And the same with the lump some?
Comment from : @richb8888

California has NO state tax on lottery winnings
Comment from : @luisotero295

My thought is if I hit Powerball, I would likely go with the lump sum Reason being I'm not young any more But what I really would like to know if you form an LLC if that would insure yourself remaining anonymous so the world does not know who won
Comment from : @3rdandlong

Just take the lump sum we never know when the economy is gonna collapse or a war is going to be funded thru the tax payers money Cash me Out 🙏✝️✨
Comment from : @ama3182

I just decided to binge watch lottery advice videos and I have to tell you, this is the best one!
Comment from : @cocoyoco

Definitely take the lifetime payments y’all
Comment from : @Mellissa_Michelle

I think annuity would be my go to I know I couldn't just blow it and I'd be comfortable for the next few decades
Comment from : @cassandrahepp6445

at 3:10 the information is incorrect California does not tax lottery winnings
Comment from : @herveduchemin2139

Annuity Payments, For sure!
Comment from : @munchymeal1539

I like Kevin O’Learys suggestion - in bluechip dividend stocks - I do that now for myself , and it works out well… / I also compound the dividends
Comment from : @Shirley-v3g

I do not need that much money at once Having a payment option leaves my child with money guaranteed I don’t think investing is for me it’sbrJust letting someone borrow your money
Comment from : @robertwise2476

I came the 1111 and 777 and I came the lotto In the name of Jesus Christ's holy Name of God & all God's, the devine , angles , universe andbrThe Devine of the blessings and funds of God provided
Comment from : @donnlamere387

This isn’t correct brAnnually you’ll get around 10-12 million per yearbrbrThe lump sum is 334 million to 375 million depending on your state taxbrbrInformation is on the lottery website
Comment from : @fallguy4209

Yes, you changed my mind because you pointed out if your 60yrs old, you would receive the full payout Great point! 🤗
Comment from : @heatheranderson6500

I would do the anuity
Comment from : @heatheranderson6500

Annuity if over 100 mil
Comment from : @riccjaccson6876

The way you pronounce “one” deeply pisses me off
Comment from : @Plump_Nick

annuity so i wouldn’t blow itall
Comment from : @kimkoons4535

We never had this kind of jackpots reaching $1Billion almost every few months until the introduction of so-called computer random number generators connected to all the sales terminals that sell the lottery tickets, and the computer knows which numbers to avoid until the jackpot reaches close to $1 billion or more The biggest cheaters are the lottery authority and organizers, the lottery was being rigged when they replaced the ping-pong ball lottery system with a computer number generator, because they could not cheat like they do with a computer that keep track of all the numbers sold by every store terminal and can avoid all the winning combinations The process is not regularly tested for randomness by an external entity, but they want you to believe that
Comment from : @marianapreda4233

I can't stand him mispronouncing calculations it's not calkoolations
Comment from : @neverland48

I’m taking all that money and diversifying What if the US becomes Gaza in the next year…
Comment from : @ngapuikuemberirua3670

I'll take the lump sum and invest it in apartment buildings and pay to park parking lots and other money producing investments That's much better than an annuity
Comment from : @danklein8587

When I win, I will definitely hire you
Comment from : @QueenofAfrica1217

From what megamillions is advertising, the lump sum payout is approx 472 of the full amount Does that change your position on which to take?
Comment from : @joelbrown4110

Depends on who you are and how responsible you are with money You can turn 1 Billion into 20 billion , or you can blow it in 5 years brLets take inflation into account A happy meal will be $125 thirty years from now
Comment from : @marv730

The Annuity seem to be an investment in itself vs the direct payout
Comment from : @GAMEBOIMARCUS

I always thought that the lump sum was half because of taxes I didn't realize that it was halved before taxes 😩
Comment from : @anunnakimenagerie

cal dose not have a state tax on lottery win
Comment from : @hollisconant2566

🎯🎯🎯My mind is changed on lump sum choice
Comment from : @ExquisiteKinkyCoils

Lump sum for me I'm 65 now and who knows? I could be dead in a few years and I need to enjoy my money
Comment from : @davidposile8117

If you take the annual and the fed is 37 are you grandfathered into that rate for the whole 30 years if the government decide to change back to 39 or more?
Comment from : @Ty1499

At 77 years old I would take the lump sum If I was in my 20s-40s, I would do the annuity
Comment from : @swamprat69er

Welllet me win firstI promise I'll figure it out
Comment from : @thomascrosby6105

Tôi trúng vé số đặc biệt hôm naybrTôi vô cùng biết ơn
Comment from : @simonyumen

California does not tax lottery jackpot winnings
Comment from : @IAmThankfulToday

You complicated yourself and forgot to talk the most important, If I a person wins and choose 30 years, what happens if he dies after 8 years?, do the payments stop? or he can still "forward them" to a third party?
Comment from : @natalivelikanov6777

Do American Natives have to pay taxes on lottery wins?
Comment from : @rudyparenteau9231

Take the lump sum and invest it because you control the money
Comment from : @EdfromCanada

I would not have fathomed someone's composing a segment about annuity–versus–lump-sum lottery-winnings, and not once discussing discount-rates Unbelieveable (in a bad way)
Comment from : @Commando303X

If I won I’d move back home to California build the perfect house and make it easy accessible house for my 5 yr old nice wide doorways and hallways for all medical devices and equipment make extra bedrooms for a live in nurse shesh I can do so much winning the huge lottery buy a few houses to rent out maybe have a real estate hobby
Comment from : @DM-vb6qy

Annually Even if you were foolish with the money You get 35mill every year to try again
Comment from : @fourKeeps2020

No state tax on lotto winnings in CA
Comment from : @Kms7171

payments
Comment from : @smiddlyrabone8900

What the hell is a cacalation?
Comment from : @hotdognonesky3766

There are no State taxes on Lottery winnings in California
Comment from : @DJVO2

Thank You
Comment from : @angelinalozada189

I am almost 60 No state tax here What I care about is paying off my and my wife's debt Buying myself a new truck and her a new cara nice place to live for us, not a mansion, just a nice place that we like We'd have an income sufficient to allow us to pursue things we like to do The rest would go to my daughter and grandkids
Comment from : @kenbroadway6547

Take Annuity get a Ram truck toy hauler and get some toy's you like and cruise around the country you live inn don't forget to put some money in the Oil and Gas leave it there that's ur back up money that's what I would do Peace and love Amen
Comment from : @julenropitini8244

annuity
Comment from : @brentlue9690

All
Comment from : @LuxuryFamous

Not sure
Comment from : @mariomorais1974

Annuity allows you to manage your winnings a lot easier
Comment from : @yolandamfarrell01

FUN FACT CA DOESN'T TAKE OUT LOTTERY WINNING IN STATE TAXES
Comment from : @pandes81

California does not tax lottery winnings Do better research
Comment from : @darklandproduction

I 'm Over 65 yrs old Like What the Great One Jackie Gleason Said If You Ever Get Rich, Save Half & Have a Ball with the Other Half Half (smile) I Can Dream, Can't I? Wish US Luck
Comment from : @maureencora1