Mega Millions jackpot: Lump sum or annuity payout? What to know

Welcome to another TAM Classic! Today, we're discussing the lottery payout dilemma: annuity

Powerball, Mega Millions, Lotto America and Lucky for Life offer the option of paying the jackpottop prize out in a lump sum or an annuity payment Pick 3 and

lottery result A lottery annuity is subject to taxes throughout the life of the annuity, with the income tax rate fluctuating each year, so you'll pay the appropriate taxes on

lottery result fifty fifty yesterday The annuity allows you to collect your winnings in 30 payments over 29 years, but those payments are not divided into 30 even chunks Each