Mega Millions jackpot: Lump sum or annuity payout? What to know

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How does the lottery work? The lottery provides winners with the option to receive their winnings either as a single lump sum or through an

Powerball allows the grand prize winner to decide how he or she wants to get the money — either by choosing an annuity where the jackpot is paid HOW DO YOU WANT YOUR MONEY? · 50% CASH OPTION: ONE LUMP SUM PAYMENT · YEARLY OPTION: 25 ANNUAL PAYMENTS

poker chips target There are two ways lottery winners can claim their earnings: as a lump sum or annual payments over time Both result in a lottery payout, but Powerball allows the grand prize winner to decide how he or she wants to get the money — either by choosing an annuity where the jackpot is paid