If you win $1.2B Powerball, perhaps consider not taking cash

DES MOINES, Iowa (AP) — Think you’re a sure bet for Wednesday night’s estimated $1.2 billion Powerball jackpot?If so, you need to decide whether to take cash, which would actually pay out $596.7 million, or choose the $1.2 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.Nicholas Bunio, a certified financial planner from Downingtown