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Assume the interest rate is 4% You will need a financial calculator to perform this calculation Online financial calculators can be
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The lottery automatically withholds 24% on all prizes over $5,000 for federal taxes For a $1 billion lump sum, that would be $240 million Note
lump sum lottery Annuity calculator An annuity is an investment that provides a series of payments in exchange for an initial lump sum or contributions over time With this
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