1.7 billion lump sum | BTCC Learning Hub

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Why is $1.7 billion higher than a lump sum?

The $1.7 billion figure is higher than the lump sum because of currently high interest rates on investments. The stark difference between the two options represents the lowest lump sum percentage since 2003.

Could Powerball win the smallest lump sum claim in 20 years?

“Because the lottery is all about selling hope,” Matheson told CNBC. Although the winner of the latest $1.7 billion Powerball boasts the second-biggest jackpot in history, the victor could ironically see the smallest lump sum percentage claim in 20 years of only 44%.

What if the winner opts for a lump sum deposit?

If the winner of Wednesday’s jackpot opts for the cash value lump sum deposit, they would be taking home only 44% of the total advertised jackpot. Powerball

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Why is $1.7 billion higher than a lump sum?

Could Powerball win the smallest lump sum claim in 20 years?

What if the winner opts for a lump sum deposit?

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