Powerball jackpot hits $1 billion Here's how to pick the best payout

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The other option for Powerball winners is to receive the prize in annual payments called an annuity How many years is the Powerball annuity payout for? Well,

The other option for Powerball winners is to receive the prize in annual payments called an annuity How many years is the Powerball annuity payout for? Well, Should you take your lottery winnings in a lump sum or in annuity payments over time? We talked to some experts to find out which option is

upcoming cidco lottery Mega Millions jackpot winners receive a portion of their prize up front when they choose to go the route of the annuity option Payments then With an annuity you can spread your taxes out over a longer period of time rather than taking a big hit by accepting the lump-sum payment