Mega Millions jackpot: Lump sum or annuity payout? What to know
Mega Millions jackpot: Lump sum or annuity payout? What to know
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Yes, lottery annuity payments are generally inheritable If the original winner passes away, the remaining annuity payments can be transferred to their
MEGA MILLIONS® jackpots have a guaranteed minimum estimated annuity of $40 million per drawing, plus eight set cash prizes up to $1 million The jackpot prize If you opt for the annuity, what happens is that the lottery agency takes that lump sum, invests it, and starts paying you the proceeds of the
result today kerala lottery Annuity option: Income taxes are deferred until payouts are received You'll have some tax obligations with the first, immediate payout After The lump sum is a single cash transfer whereas the annuity is a series of annual payments Most lottery winners, if given the choice, take the
