Scratch-Off - Big Cash Payout

Lump Sum or Annuity for Lottery Winners? lottery cash payout 50% CASH OPTION: ONE LUMP SUM PAYMENT ; $1,000,000, $500,000, 380,000 ; $1,200,000, $600,000, 456,000 ; $1,400,000, $700,000, 532,000 ; $1,600,000, $800,000 lottery admission delhi Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Oregon Powerball winner does

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