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

florida lottery lump sum calculator
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florida lottery lump sum calculator The cash option is a one-time, lump sum payment that winners may choose to receive instead of receiving their winnings in annual payments The cash option  The lump sum payout for a lottery is equal to the total funds allocated to fund the jackpot This is calculated as a percentage of the total revenue generated  The cost of a ticket is $2, not $1 so now the prize needs to get above $584 million But wait! The lump sum payout is only 62% of the advertised

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