Understanding the Powerball Annuity Payout

Imagine you won the Powerball jackpot and you were going to take home $100 million The Powerball annuity option would split that prize into 30 lottery payments

About $2 billion in an annuity of 30 graduated payments over 29 years Most winners take the lump sum payout No one has chosen annuity payments

powerball 1462 results Although the initial annuity payment is not disclosed by the Powerball, in the case of the Mega Millions lottery it is around percent of the

powerball nebraska * Powerball Power Play does not apply to the jackpot or Double Play **The 10x will be available at advertised annuity jackpot levels of $150 million and below