Lottery Payout Options — Annuity or Lump Sum?

A lump sum lottery payout is a one-time cash payment, whereas an annuity payout provides annual payments over time Depending on which state you

HOW DOES THE ANNUITY WORK? A winner who chooses the annuity option would receive an initial payment and then 29 annual payments that rise by 5

how long do you have to claim lottery winnings The main one is that taking the annuity is basically like letting the government hold onto part of your prize for a while and invest it for you

how do i play lottery online If the winner chooses the annuity option, the lottery invests the money available from the sale of tickets for that drawing Payments are made over a number of