Lump Sum or Annuity for Lottery Winners?

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You will select the payment option by filling out a California Lottery Jackpot Election Your first annuity payment, or the single cash option payment

The highlighted $ billion prize is for a sole winner who is paid through an annuity, which is funded by that lump sum and will be doled out Turn off Animations Turn on Lottery cash prizes paid after January 1, 2016 As a result, winners who receive a cash prize or an annuity payment

dragon888 slot If you select the annuity payout option, the Multi-State Lottery Association will issue you one payment immediately, then invest the rest of the In contrast, the annuity option distributes payments equivalent to the entire lottery prize across several years, ensuring a consistent income