Lottery Payout Options Lump Sums & Annuities

how lottery payouts work
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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

HOW DOES THE ANNUITY WORK? A winner who chooses the annuity option would receive an initial payment and then 29 annual payments that rise by 5 pay it back It's your money! Every person and situation is unique we will work with you to determine if selling your lottery or prize winnings makes sense

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