A 20-year-old Canadian woman recently lit up social media after she won the lottery and (gasp!) chose to accept her winnings ...

Receiving a big lump sum can be a chance to strengthen your finances. From paying down debt to saving and investing, here are 4 smart ways to make the most of that money.

On Friday night, someone could win a $1.22 billion Mega Millions jackpot. It might even be you or me. (Probably not.) Lottery jackpots in the high hundreds of millions or even a billion are starting ...

Dollar-cost averaging is an investment strategy where an investor allocates a fixed amount of money to invest in a particular asset at regular intervals, regardless of the asset's price. This approach ...

NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum, but the income tax law still exempts ...

The Powerball jackpot reached a record-high $1.73 billion after no one claimed the top prize on Monday’s drawing. If a winner is announced on Wednesday, it would be the second-largest Powerball prize ...

As the legendary financier Bernard M. Baruch once said, "now is always the hardest time to invest." This is especially true for families who receive an influx of cash after selling their business or ...

Read this if you're thinking about retiring and taking the lump-sum option Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five ...

As investors plan their mutual fund investments for 2026, a key question dominates: is it better to stick with SIPs or wait ...