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

If you opt for yearly payouts, the lottery will take the bulk of the money you just won and invest it in a very conservative annuity, which will earn about %

So, to fund the $ billion annuity option advertised for the current Powerball jackpot, officials believe they need $ million Already,

how to manage lottery winnings 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

how can i increase my chances of winning the lottery_ The annuity option is the dollar amount you'll most frequently see advertised when it comes to Mega Millions and Powerball For the former, it's