Powerball winners can opt for potentially "dangerous" lump sum or "safe bet" annual payments. An accountant gives advice.

Powerball winners can opt for potentially “dangerous” lump sum or “safe bet” annual payments. An accountant gives advice.

With the Powerball jackpot now an estimated $1.8 billion for Saturday night’s drawing, there’s lottery fever in the air. If you’re the lucky one whose $2 ticket ends up worth millions, what do you do with all that money? Jackpot winners have the option to either take a lump sum payment of the estimated cash…

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Powerball jackpot soars to about $1.8 billion for Saturday's drawing, second-biggest ever

Powerball jackpot soars to about $1.8 billion for Saturday’s drawing, second-biggest ever

The Powerball jackpot soared to an estimated $1.8 billion for Saturday night’s drawing after no tickets came up winners of Wednesday’s $1.4 billion grand prize, Powerball said. Saturday’s pot of gold would have an estimated cash value of $826.4 million. Both totals are before taxes. The winning numbers in Wednesday’s drawing were 3, 16, 29,…

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