5000 a week for life or lump sum
Christina Merry won the 5000 A Week For Life prize from the lotterys Set For Life scratch-off game the Lottery announced on Friday Jan. This doesnt sound like much but if you are also receiving the full new state pension the total could be between 13000 and 14000 per year plus the tax-free lump sum.
Invest in ELSS as per your flexibility and convenience by choosing from SIP or lump sum investment.
. NY Lottery said Merry chose to receive her prize as a single lump-sum payment of 2820543 after required withholdings. Merry is from Glenfield in Lewis County which is located about 35 miles from Watertown. Reinvest capital in ELSS funds on completion of 3-year maturity period to avail additional tax benefits without fresh fund inflows.
Experienced professionals invest and manage your ELSS funds based on extensive market. To give you an idea of how much you would need to save a 100k pension pot would give you an income of between 4000 to 5000 a year plus a lump sum of 25000 tax-free cash.
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