No performance benefit, just a matter of personal choice and style.
The first version is just more succinct.
Update:
In terms of the amount of data going over the wire, of course less is better, however you would need a hell of a lot of removed var
declarations in order to see a real impact.
Minification has been mentioned as something that the first example will help with for better minification, however, as Daniel Vassallo points out in the comments, a good minifier will automatically do that for you anyways, so in that respect no impact whatsoever.