Can Lottery Winnings Be Inherited?

how is lottery paid out
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HOW DO YOU WANT YOUR MONEY? · 50% CASH OPTION: ONE LUMP SUM PAYMENT · YEARLY OPTION: 25 ANNUAL PAYMENTS

If a winner is picked on Monday, they will be able to choose to either receive the full amount of $975 million paid out in a 30-year annuity Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment All lower-tier prizes

dr slot review There are two payout options: A lump sum payment or an annuity, where the money is paid out over time That means the $1 billion-plus Lottery winners have two payout options: a lump sum or an annuity Taking a lump sum means you will receive 40 to 50 percent of the jackpot for immediate use or