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

annuity vs lump sum lottery
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If you opt for the annuity, what happens is that the lottery agency takes that lump sum, invests it, and starts paying you the proceeds of the

You don't get the face value In the case of the Massachusetts lottery winner, she received a lump-sum check for $168 million instead of the entire $294 million

annuity or lump sum lottery Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment The cost per play is $2

annuity for lottery winners This option is available to lottery winners who want to sell their annuity payment for a lump sum but only need a portion of the lump sum and want to invest the