Going to win $1.2B Powerball prize? Consider not taking cash

DES MOINES, Iowa (AP) — Think you’re a sure bet for Wednesday night’s estimated $1.2 billion Powerball jackpot? If so, you need to decide whether to take cash, which would actually pay out $596.7 million, or choose the $1.2 billion annuity option that is twice as large but is paid out over 29 …

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