US residents are gearing up for Wednesday night’s estimated $USD 1.2 billion ($1.89 billion) Powerball jackpot but if there is a winner, it will not be as simple as just claiming the money.The winner will need to decide whether to take cash, which would actually pay out $USD596.7 million ($942.08 million), or choose the $USD 1.2 billion ($1.89 billion) annuity option that is twice as large but is paid out over 29 years.Winners of giant jackpots nearly always take the cash, and financial advisers say that might be a mistake.
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