Difference Between Cash Value and Annuity

Latest Winning Numbers: Friday, 11/8/2024 ; 25 · 19 · Megaplier 3X

Map: How much of the $740M Mega Millions jackpot a winner really gets

According to an analysis by USA Mega, the largest cash payout a winner could collect in Friday’s Mega Millions drawing is about $230.8 million, while the largest annuity is about $467.5...

What Should You Do After You've Won Powerball or Mega Millions?

What planning should you do after winning a Powerball or Mega Millions jackpots? Should you take lump sum or annuity payout? What are the tax consquences?

Mega Millions jackpot hits $1.55 billion. Which payout is best

The Mega Millions jackpot is up to $1.55 billion. Here's how to decide between the lump sum or annuity payout option.

Mega Millions

Match · Prize* · Odds · Jackpot · 1 in 302,575,350 · 1,000,000 · 1 in 12,607,306 · 10,000 · 1 in 931,001 · 500 · 1 in 38,792 · 200 · 1 in 14,547 · 10 · 1 in 606 · 10 · 1 in 693 · 4 · 1 in 89 · 2 · 1 in 37 · Overall chances of winning any prize: 1 in 24

Here's what to know (and do) if you win the Mega Millions jackpot

Lotto fever is rising again, with the Mega Millions jackpot surging after a win-less weekend... which payout option to choose: An annuity option makes an initial annual payment followed by...

Mega Millions $1.1 billion jackpot winner could face these pitfalls

The next big winner will have two payout options — a $525.8 million lump sum or an annuity worth $1.1 billion, according to Mega Millions. Both choices are pretax estimates. More from...

Mega Millions estimated $1.13 billion jackpot has one winning ticket, in New Jersey

Only winners who take the annuity option receive the full jackpot total. The estimated lump... the payout for non-jackpot prizes. The next Mega Millions drawing will have a jackpot of an...

Mega Millions jackpot for Friday, Dec. 30, grows to $640 million

With no winner Tuesday, the Mega Millions jackpot for Friday is expected to reach an... The major lotteries in the United States offer two jackpot payout options: annuity and cash. The...

Mega Millions jackpot reaches $792 million—here's the take-home amount

of payout. To win the jackpot, you’ll need to match numbers with all five white balls, plus the gold Mega Ball. If you win, you can take a 30-year annuity for the full jackpot amount, or...