Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do jackpot winners get interest on the 25-year annuity?

Annuity jackpot winners
0
Posted

Do jackpot winners get interest on the 25-year annuity?

0

No, because the Lottery does not keep the full jackpot on hand. The Lottery purchases securities which mature over time to cover the payment to the winner.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123