Here's a little tidbit I'll bet most of you didn't know. Let's say you won the Powerball of 1.3 billion dollars. After taxes taken out, you decide you want to spread it out 20 years. You died suddenly 5 years later. Guess what? Beneficiaries don't get any of the winnings. The remainder money goes back to the state. That's why it's better to take the lump sum.