How the Lottery Works and How Much You'd Keep If You Won

If the jackpot is $500 million, that means the cash option would yield a one-time lump sum payment of $ million The annuity option would

Annuity payments

annuity calculator lottery In contrast, the annuity option distributes payments equivalent to the entire lottery prize across several years, ensuring a consistent income

annuity payout calculator lottery All annuity amounts shown are the average amounts a jackpot winner would receive Mega Millions annuity payments are made on an annually-increasing rate