0 votes
How is the lottery annuity paid out?

1 Answer

0 votes
How does the Powerball annuity work? If a Powerball jackpot winner chooses the annuity option, they will receive an immediate payment, and additional annual payments for the next 29 years, for a total of 30 payments. In order to keep up with the cost of living, the annual payment is increased by 5% each year.
...