Ohio Woman Wins $15M Lottery But Only Receives $5.4 Million – Are Cash Payouts Worth It?

Ohio Woman Wins M Lottery But Only Receives .4 Million – Are Cash Payouts Worth It?

Jeanne, a resident of Sandusky, Ohio, recently won $15 million through an Ohio Lottery 50th Anniversary scratch-off ticket. However, she ultimately took home only $5.4 million after taxes and her chosen payout option. Jeanne had a choice: receive $600,000 annually for 25 years, totalling $15 million, or opt for an immediate cash payout of $7.5 … Read more