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

So you won the Mega Millions lottery jackpot What happens now? lottery lump sum vs annuity A lump sum payout refers to taking the entirety of the lottery winnings in one payment This means that you receive the full amount immediately, lottery winner ohio If the winner selects the annuity option, they will receive an immediate payment of more than $ million followed by 29 annual payments

lottery winner ohio When you win the lottery jackpot, you're given a choice between a lump-sum payment or an annuity paid out over nearly three decades Most

lottery 5_39 If you win the lottery, do not take the lump sum payment In the Many insurance companies and brokerage houses sell annuities, which operate Many people who win the lottery choose to receive annuities instead of a lump sum This option reduces the risk of excessive spending, but also limits cash