The Real Powerball Winner Could Be An Insurance Agent

January 12, 2016 by John Hilton

The real Powerball winner could be an insurance agent.

Wednesday’s $1.5 billion Powerball jackpot carries a lot of tax implications. The first decision for the winner or winners is whether to take a lump sum, expected to be $930 million, or a 30-year period certain annuity.

The annuity would pay out $22.5 million annually. Regardless of which option the winner(s) take, they will be in a high tax bracket.  Click HERE to view article

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Originally Posted at InsuranceNewsNet on January 12, 2016 by John Hilton.