"The identity of the winner... wasn't immediately known. While most lottery grand prize winners typically chose the cash payout, which in this case will be about $571.9 million..."
"Liebman's first advice was to build strong relationships with four different advisers: a wealth adviser, a tax accountant, an estate attorney and a therapist before making any decision about payout."
"The annuity typically is a bigger payout... If the winner is young and healthy, it's probably a better option, he advised."
"If you accept the lump sum, you get all the money at one time... you're paying tax at a time where the effective tax rate is the lowest in a generation."
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