So you won the Mega Millions lottery jackpot What happens now?

Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to

So you won the Mega Millions lottery jackpot What happens now? If you win the lottery, do not take the lump sum payment In the Many insurance companies and brokerage houses sell annuities, which operate

Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to

should you max bet on a slot machine What this means is that you should not accept less than $667,104 today in lottery proceeds in exchange for passing up the annuity payments of

This option is available to lottery winners who want to sell their annuity payment for a lump sum but only need a portion of the lump sum and want to invest the

should you take lump sum or annuity lottery The lottery will keep making annuity payments to winners even after they die If a jackpot winner chooses to receive their prize in annual

Long-term investments take financial wisdom and restraint, but with careful planning, you may be able to grow your lump-sum winnings larger than the future