How does the US PowerBall and MegaMillions Payout Annuity work?

Lottoland replicate the pay-out structure of the Official Lottery Draws in America and for this reason players can choose if they would like to be paid out either by lump sum or via in 30 year instalments in an annuity package, with the final decision at Lottoland’s discretion. 

The lump sum method will be paid out at 60% of the total value of the annuity amount. 

The annuity method will be paid as one annual payment being made for the 30 year term. 

The level of payments is calculated such that the payments rise 4% from year to year until the full sum has been paid out.

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