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Jackpot Winners Should Take Lump Sum


 (WKZO) --- Whoever wins the Powerball Jackpot would be best advised to take the lump sum, which amounts to over $380-million before taxes.

John Langhino, a CPA who is a consultant with a wealth management firm says they had also best hurry and make their claim before the end of the year. Tax rates for the wealthy are likely to rise sharply higher in any deals to keep the U.S. from going off the fiscal cliff.   He says with the right team of managers you can earn as much investing the money as they would, and you would have control.