Mega Millions jackpot: Lump sum or annuity payout? What to know

website lottery cash vs annuity Once the ticket has been presented for payment, jackpot winners have 60 days to decide if they would like to take the cash option or the annuity option, which lottery result ak 621 While the lump sum provides a full prize up front, the annuity offers one immediate payment, followed by 29 annual payouts that increase 5% each

lottery cash vs annuity Winners of the lottery can choose to collect their Mega Millions payout amount at once as a lump-sum cash payout or in annual payments as an increasing annuity  Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments Each payment is 5% bigger than the previous one   If you want your winnings right away, you'll want to select the cash option, but if you want more money in the end, you may prefer the annuity option So how do

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