Families can get $25 direct payments every WEEK based on their kids’ school behavior – over $30k already been paid out ...Middle East

FAMILIES can get a $25 direct payment every week based on their kid’s behavior in school.

Over $30,000 has been paid out as a part of the program in one area in the US – and it can be spent on crucial amenities.

The new incentive has been rolled out in recent weeks that pays $25 a week to students who record a perfect attendance.

The money is uploaded to a debit card which is given to the child’s parents, unless they are over 18, per WJCL.

It was created to improve chronic absenteeism among pupils in South Carolina.

The Charleston County School District is paying out tens of thousands of dollars to families for the trouble, according to school district officials.

The credit can only be used for gas, transportation, utilities, and food.

The unique financial arrangement has seemingly worked so far in its pilot program.

It is unclear if this scheme will continue,. and if so, if the district is going to need to take action to fund it into the future.

CLAIM MORE MONEY

There’s more money to be claimed in the state, too, as officials in the lotto continue their search for the owner of a winning lottery ticket.

The US Sun recently reported that a $100,000 ticket that was drawn on April 2, as per the ABC affiliate WCIV-TV.

The $2 slip was bought from a Circle K gas station in Charleston, South Carolina.

The rules of the Powerball in the area dictate that players have 180 days after the draw to come forward and claim.

Unfortunately, the player just missed out on the $31 million prize pot.

Since then, the jackpot has rolled over to a massive $47 million.

But there’s even more money to be won in South Carolina, officials have revealed.

Over 6,000 players in the state are still holding onto tickets worth anywhere between $4 to $100,000.

Lottery winnings: lump sum or annuity?

Players who win big on lottery tickets typically have a choice to make: lump sum or annuity?

The two payout methods can impact how much money you get from your prize.

Annuities pay out slowly in increments, often over 30 years.

Lump sums pay all at once but in a smaller amount, as taxes are withheld in one go. That means 24% of your prize goes to Uncle Sam right away. Many states tax winnings as well.

Annuities can provide winners time to set up the financial infrastructure required to take in a life-changing amount of money, but lump sums have the benefit of being taxed only once.

Inflation is also worth considering when making a choice, as payouts do not adjust with the value of a dollar. That means that you’ll likely be getting less valuable money towards the end of an annuity.

Each state and game pays out prizes differently, so it’s best to check with your state’s lottery to confirm payment policies. A financial advisor can also help you weigh the pros and cons of each option.

Experts have varying opinions on whether to take the lump sum or take the annuity.

Millions of dollars are lost in the lottery every year by Americans who don’t come forward with the correct numbers.

This can sometimes happen without the person even knowing if they’ve already heard that the big jackpot prize has been called.

Even if this is the case, there’s always smaller side prizes to be won that still total in the thousands.

Most states give players a six-month window to come forward with the winning numbers.

This can differ in other places, like in New York where players have one year in total.

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