The 25 Biggest Lottery Jackpots of All Time

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Rising interest rates coupled with changes to the odds of winning are also big reasons the prizes grow so large HOW DO INTEREST RATES INCREASE

So for Tuesday's drawing, game officials have determined that $ million, listed as the cash option, is necessary to pay a winner $ Lottery Lump Sum Vs Annuity Yes, the entire amount is paid at once No, payments are spread over several years Typically less than the advertised jackpot

slot attention The lump sum is adjusted to account for the fact that they're not paying it out over time and therefore are not affected by inflation (which In exchange for a single upfront payout, however, you have to accept a smaller lottery prize