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How does winning a lottery jackpot through an annuity work?

How does winning a lottery jackpot through an annuity work?

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Above $5 Million, all Lotto Texas®, Powerball® and Mega Millions® jackpot prizes, and prizes paid by annuities must be processed at Texas Lottery headquarters

When winning the lottery, you can choose between a lump sum or an annuity payment The lump sum grants immediate cash, while an annuity provides steady and RELATED: The lottery will keep making annuity payments to winners even after they die Most jackpot winners go with the lump sum, which means

what time does lottery stop What happens if you die before receiving your entire lottery winnings? It is often rumoured that the government gets to keep the money that has A Mega Millions annuity can be inherited After a jackpot winner dies, the annual scheduled payments will go to the designated beneficiary or

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