TagLump-sum payment

12 months ago

Choosing the Right Payment Option After Winning the American Lottery

By John Molten
3 Min read
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08October

When you’re fortunate enough to hit the jackpot in the American Lottery, a world of possibilities opens up before you. However, one crucial decision awaits: how do you want to receive your winnings? In this article, we’ll guide you through the process of choosing the right payment option after winning the lottery, offering clarity and real-life insights along the way. Lump Sum vs. Annuity: The Two Choices Lump Sum Payment: A lump sum payment provides you with the entire lottery prize all at once. It’s a substantial sum of cash that you can use immediately for any purpose...

12 months ago

Powerball Lottery: The 4th Largest Jackpot Soars to $1.04 Billion

By John Molten
1 Min read
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02October

The Powerball Lottery jackpot has surged to an astonishing estimated $1.04 billion following the latest drawing, which concluded without a winner matching all six Lottery Winning Numbers. This marks only the fourth instance in the American Lottery’s history where the prize has exceeded $1 billion. The last winner claimed the Powerball grand prize on July 19, 2023, with 32 rounds since playing out without a winner.   Powerball jackpots have previously crossed the $1 billion mark twice: in January 2016, and again in November 2022. While no ticket matched all six numbers in the recent...