How to Use lump sum in a Sentence
lump sum
noun-
That bonus was paid out in a single lump sum last month.
— David Zahniser, Los Angeles Times, 9 Aug. 2023 -
The cash option is a lump sum, one-time payment equal to the cash in the Mega Millions prize pool.
— Emily Deletter, USA TODAY, 1 Aug. 2023 -
It will be paid out over time based on project milestones, as opposed to in a lump sum.
— Drew Harwell, Washington Post, 19 Feb. 2024 -
The lump sum option, which is the path most winners opt for, is a one-time payment of the jackpot.
— Eden Villalovas, Washington Examiner, 1 Aug. 2023 -
The lump sum is the cash that a winner has actually won.
— Scott McFettridge, Fortune, 31 July 2023 -
The club decided to take its winnings in a lump sum of $4.1 million.
— Kate Linderman, Kansas City Star, 8 Feb. 2024 -
With the latter, the winner receives just over half that amount as a lump sum payment.
— The Arizona Republic, 3 Apr. 2024 -
With the latter, the winner receives just over half that amount as a lump sum payment.
— Raphael Romero Ruiz, The Arizona Republic, 13 Aug. 2024 -
With the latter, the winner receives just over half that amount as a lump sum payment.
— Shelby Slade, The Arizona Republic, 24 Oct. 2024 -
The law increased the amount of the credit and disbursed it on a monthly basis rather than in a lump sum at tax time.
— Grace Segers, The New Republic, 13 Sep. 2023 -
The prior agreement gave 2% increases for each of the three years, and a 4% lump sum one-time payment the first year.
— Jim Drummond, Orange County Register, 15 Aug. 2024 -
The man chose to receive a lump sum of around $2.7 million and plans to invest it and start a company.
— Tj MacIas, Kansas City Star, 23 May 2024 -
But today, frankly, the price of a lump sum contract can scare anyone out of writing a check.
— Susan Tompor, Detroit Free Press, 19 Mar. 2024 -
In Florida, winners have to claim the lump sum within 60 days of the drawing.
— Arkansas Online, 28 Sep. 2023 -
The Texas winner elected to take home a lump sum at the time of the ticket purchase, the Texas Lottery said in a news release.
— Kerry Breen, CBS News, 11 Sep. 2024 -
There's also the cash option, a one-time, lump sum payment equal to all the cash in the Mega Millions jackpot prize pool.
— Haadiza Ogwude, The Enquirer, 13 Feb. 2024 -
If the amount is on the smaller side, a lump sum may be easier, but all the taxes would be paid upfront.
— Medora Lee, USA TODAY, 19 Mar. 2024 -
Severance is one month of pay for every year of service up to 12 months of pay, paid as a lump sum.
— Susan Tompor, Detroit Free Press, 23 Mar. 2023 -
According to a 2022 MetLife study, one in three people who take the lump sum spend it all within six years.
— Amy Wagner and Steve Hruby, The Enquirer, 16 July 2024 -
Winners have the choice to take home home a lump sum or accept annual payments over the course of 30 years.
— Brian Niemietz, Chicago Tribune, 18 July 2023 -
After all, 10% of a pro league contract dwarfs the lump sum funds these deals have offered athletes.
— Brendan Coffey, Sportico.com, 12 June 2024 -
That refers to lump sum loans - such as student loans, mortgages are car loans - that are paid back only once.
— Medora Lee, USA TODAY, 8 Aug. 2023 -
The club recently claimed the prize and opted to receive a one-time lump sum payment of about $4.1 million.
— Tanya Wildt, Detroit Free Press, 12 June 2024 -
Keeping some bonus cash: The bonus would be pro-rated for the 2023 performance year, paid as a lump sum, according to the memo.
— Susan Tompor, Detroit Free Press, 10 Mar. 2023 -
Even if there’s a large lump sum, many millennials don’t feel equipped to handle it.
— Hillary Hoffower, Fortune, 28 Oct. 2023 -
Castro opted for the lump sum payment of $997.6 million.
— CBS News, 24 Mar. 2023 -
The 82-year-old man chose to receive his prize as a lump sum amount of $1.3 million instead of annual payments.
— Jennifer Rodriguez, Kansas City Star, 12 May 2024 -
Each school district would have the option to get the funding via a lump sum now, or get a portion of it annually.
— Becca Savransky, Idaho Statesman, 9 Feb. 2024 -
The lump sum payment before taxes would be about $148.1 million.
— National Desk, oregonlive, 8 June 2023 -
By the end of the 30-year-period, the annuity payout would be roughly double the lump sum payout.
— Scott McFettridge, Fortune, 31 July 2023
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'lump sum.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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