Lottery winnings: Should you take lump sum or annuities?

If you have a lottery annuity but want your lotto money now, not later, selling to JG Wentworth for a lump sum could be the right option for you

Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments Each payment is 5% bigger than the previous one

annuity lottery calculator Every Mega Millions or Powerball jackpot winner has the option to take cash now in a one-time lump sum or opt for 30 annual payments

annuity option lottery A Lotto Texas jackpot winner who selects the cash value option will receive a single payment of the present cash value of the jackpot prize,