Got the winning lottery ticket? An economist explains what to do with
Group winners of a jackpot prize must all choose the same payment option, otherwise the payments default to annuity payments If you choose the cash option, the
Lottery Payout Options: Annuity vs Lump Sum should you take the lump sum or annuity lottery
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Mega Millions jackpot winners receive a portion of their prize up front when they choose to go the route of the annuity option Payments then
should you sign your lottery ticket Every Mega Millions or Powerball jackpot winner has the option to take cash now in a one-time lump sum or opt for 30 annual payments