Whenever there’s a really huge lottery jackpot that produces one single winner, there’s a lot of buzz in the news and social media.
So, that’s what’s happened after Wednesday night’s Powerball drawing for $478.2 million was claimed by a single player in Georgia, where the winning ticket was sold at a Quick Mart in a town named Buford, home of about 18,000 people.
The as-of-yet unnamed winner has a few decisions to make now, like whether to take the annuitized prize of $478.2 million or a lump sum payment of $230.6 million. Both prize options are before taxes. If the winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments…