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.

How are jackpot prizes paid?

jackpot paid prizes
0
Posted

How are jackpot prizes paid?

0

A.The GLC’s Board of Directors adopted game rules that determine the criteria for payments of all jackpots. Those rules provide that Mega Millions has jackpots paid out over 26 years. The jackpot prize pool is invested in government securities so that the winners, in effect, receive both the principal and interest on their prizes. If Cash Option is selected on either of those games, cash is paid in one lump sum.

Related Questions

What is your question?

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

Experts123