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

Mega Millions jackpot: Lump sum or annuity payout? What to know annuity payments lottery
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annuity vs lump sum lottery Annuity payments

annuity lottery calculator Yes, lottery annuities are typically guaranteed They are backed by the state lottery commission, which purchases annuities from insurance companies to ensure Powerball doesn't specify the size of its first annuity payment But if you won a Mega Millions jackpot and selected the annuity option, your first payment