Lottery Winnings Payout: Annuity or Lump Sum?

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A lottery annuity is a lottery payout option Instead of receiving your jackpot winnings in a single lump sum, you receive periodic payments over time It's

The main one is that taking the annuity is basically like letting the government hold onto part of your prize for a while and invest it for you As mentioned, the annuity option means you'll receive a check every year with another portion of your lottery winnings While that annual

hammer of fortune slot Generally, you get any prize money as soon as your ticket is validated as a winner at an Oregon Lottery retailer or store If someone wins a large prize, after A Jackpot prize will be paid as an annuity of 30 graduated payments over 29 consecutive years unless the winner selects the cash payment method within 60 days