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

As mentioned, the annuity option means you'll receive a check every year with another, slightly larger portion of your lottery winnings While Visit the official Pennsylvania Lottery website for the latest PA Lottery winning Lottery numbers & game information Benefits Older Pennsylvanians

kerala lottery result morning result Minimizing Lottery Jackpot Taxes ; Paid Out in Year 1, $1,000,000, $50,000 ; Taxes in Year 1, $370,000, $11,000 ; Total Taxes Paid, $370,000, $220,000 ; Tax Savings If you win a Mega Millions® jackpot, you will choose how to be paid: Cash Option or Annual Payout Prize claim parameters vary from state to state