Mega Millions lottery $1 billion jackpot: Annuity or lump sum?

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A lottery annuity works by allowing winners to receive their jackpot in a series of payments over a specific period instead of receiving the

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 How Do Annuity Payouts Work? Stan The Annuity Man• views · 4:22 Go to

national lottery winning email So, to fund the $ billion annuity option advertised for the current Powerball jackpot, officials believe they need $ million Already, How does the Powerball annuity work? If a Powerball jackpot winner chooses the annuity option, they will receive an immediate payment, and