Mega Millions lottery $1 billion jackpot: Annuity or lump sum?

Mega Millions lottery $1 billion jackpot: Annuity or lump sum? lottery calculator lump sum
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lottery 2 According to a 2022 Axios report, no winner has chosen the annuity option since 2014 Deciding between the lump sum and the annual payment comes

lottery ticket tonight In 2024, the highest federal tax bracket sits at 37% So, if you win a massive jackpot and take the lump sum payout, you could be looking at owing nearly 40% in 9 Ways To Win! Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment