So you won the Mega Millions lottery jackpot What happens now?

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Some lottery winners accept their prize as an annuity, meaning that the jackpot is distributed over thirty years, with the winner receiving

The advertised jackpot is therefore the amount that you would get if the prize pool was invested in a portfolio of Treasury bonds for 30 years  The annuity payments are graduated, meaning they increase in value every would be made if the lottery invests the money for you The lump sum does

world series of poker pc game Powerball gives jackpot winners two options: a lump sum or an annuity payment What are the benefits of each? · The lump sum option · Are there Annuity option: Income taxes are deferred until payouts are received You'll have some tax obligations with the first, immediate payout After