If You Won The Lottery would you Take All The Money or Installments?

[Tiffany1996]

I take monthly installments. If I took it all at once I be in trouble.

[BasikBlond]

all at once and I definitely would be in trouble

[Quackthulu2]

Installments, obviously.

[berisky23]

That's such a good question... If I had ultimate choice I'd have a 25% lump sum so I could get some assets and just have some fun.
Then take the other 75% in monthly installments!
Hoping it's like the euromillions or something lol!

[OlderAndWiser]

The options undoubtedly have different tax consequences and anyone in this position should consult a CPA or tax lawyer before making that election.

[Static_In_The_Attic]

PAID IN FULL instead of installments is the way I roll because who knows you can get hit by a bus tomorrow & the lottery people win.

[slatyb]

I would take it all. I wouldn't have any trouble managing it.

[LiamJHayden]

All at once and invest it. Who knows how high the federal tax rate will be in a few years?

[abc3643]

At MY age (60), you take all the money.

[MementoMori777]

I'd take it all at once

[jamesgoldman]

Take the lump and manage my own investments

[najekim]

At my age, give me the lump sum.

[ItsZaman]

I will take all the money

[ChiTown33]

Lump sum.

[riverrat3]

Installments