Sell Lottery Payments

Every Mega Millions or Powerball jackpot winner has the option to take cash now in a one-time lump sum or opt for 30 annual payments

There are two payout options for the lucky winner: a lump sum of $ million or an annuity worth $1 billion Both are pretax estimates

annuity payments lottery Because of the tax impact, winners who take annuity payouts usually come closer to earning the advertised jackpots than those who choose the cash option Cash

annuity lottery All annuity amounts shown are the average amounts a jackpot winner would receive Powerball annuity payments are made on an annually-increasing rate schedule,