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August 24, 2007

How would you like your $300 million?

It’s a question someone might have to think hard about if there is a winner in this weekend’s Powerball drawing.

If it’s hit, the $300 million prize will be the fourth largest in the game's history, and the winner will have to decide: $300 million paid in 30 installments over 29 years, or a lump sum, estimated to be about $140.3 million?

Decisions. Decisions.

It’s a tough one, to be sure, but the people at Powerball break down the differences between the two options on their FAQ Web site.

They also have some advice for the winner-to-be: deciding how to take the prize can be a complicated decision, but it is an important one that deserves your attention. See a financial adviser, tax expert, accountant -- someone who can help you make an informed decision.

And cross your fingers.

The drawing is tomorrow at 10:59 p.m. Check the winning numbers here.

Posted by Brandie Jefferson  at 10:34 AM | Permalink

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