Mega Millions Jackpot: What's the best payout option, lump sum or

According to lottery officials, most winners opt for the lump sum, or “cash option,” as Mega Millions calls the payout lottery winnings is

The IRS taxes lottery prizes differently depending on how the winner chooses to get paid You have two choices: lump sum payout or annual

lottery fund Powerball offers a similar payout option Most winners opt for the cash option, even though doing so means you get a reduced sum Deciding

lottery images Lottery Payouts So, what's the difference between a lump sum and annuity for the lottery? A lump sum lottery payout is a one-time cash payment,