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2. What Are the Different Lottery Payouts and Which Is ... - AOL

   www.aol.com/different-lottery-payouts-smartest...

   With odds of winning at one in 302.6 million, if somebody is lucky enough to match all six numbers they can choose to have their winnings distributed in one of two different ways: as an annuity of ...

3. I Won the Lottery! Does It Make More Sense to Take the ... - AOL

   www.aol.com/won-lottery-does-more-sense...

   A lump sum lottery payout is a one-time cash payment, whereas an annuity payout provides annual payments over time. Depending on which state you win in and what lottery game you play, the payout ...

4. How does the lottery work, anyway? - AOL

   www.aol.com/does-lottery-anyway-131505518.html

   The annuity nets you the full amount of the jackpot over the course of 29 annual payments, plus one initial payment when you claim your prize. You’ll have to pay taxes on the prize money each year.

5. Lottery games with a lifetime prize - Wikipedia

   en.wikipedia.org/wiki/Lottery_games_with_a...

   Lottery games with "lifetime" prizes, known by names such as Cash4Life, Lucky for Life, and Win for Life, comprise two types of United States lottery games in which the top prize is advertised as a lifetime annuity; unlike annuities with a fixed period (such as 25 years), lifetime annuities often pay (sometimes for decades) until the winner's death.

6. Lottery payouts - Wikipedia

   en.wikipedia.org/wiki/Lottery_payouts

   In gambling terminology lottery payouts are the equivalent of RTP (Returns To Players). A lottery operator's gross margin is 100% minus RTP. In the US, large lottery winnings generally are advertised as an annuity amount, paid in 20 or more installments; in most cases, a cash option is available. The cash option in the US can be 40–60% of the ...

7. Mega Millions calculator: Here's how much you'd win after taxes

   www.aol.com/mega-millions-calculator-heres-much...

   Mega Millions Payout Calculator Omni Mega Millions drawings are every Tuesday and Friday at 11 p.m. ET. Tickets are sold in 45 states, plus the District of Columbia and the U.S. Virgin Islands.

8. Mega Millions - Wikipedia

   en.wikipedia.org/wiki/Mega_Millions

   The ticket was worth over $211 million annuity (the cash option was chosen). On May 28, 2010, North Carolina became the first Powerball member (just before the cross-selling expansion) to produce a jackpot-winning Mega Millions ticket after joining Mega Millions, with an annuity jackpot of $12 million.

9. How to calculate the present and future value of annuities - AOL

   www.aol.com/finance/calculate-present-future...

   For example, a lottery winner may opt to receive a series of payments over time instead of a single lump sum distribution. This can also be called an annuity. Two terms related to annuities are ...