E-Lotto Explains: Jackpot Cash Value vs. Annuity | What You Need to Know
Winning the lottery is a dream many people share, but when that dream comes true, you face a crucial decision: how to receive your prize. If you win a Mega Millions® jackpot, you’ll need to choose between two payout options: cash value or annuity payments. While this may seem straightforward, many winners don’t fully understand