Powerball Annuity or Powerball Lump Sum - Guide

How Does the Mega Millions Lottery Payout Work? annuity option lottery 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 annuity lottery Q: What's the difference between the cash and annuity option? A: When someone wins the jackpot and wants cash, they get all of the cash in the jackpot prize

annuity for lottery winners As mentioned, the annuity option means you'll receive a check every year with another, slightly larger portion of your lottery winnings