What is the difference between cash and annuity payouts for the two US lotteries?
As a ticket purchasing service, we physically have to line up to purchase tickets. This means that we employ staff throughout the relevant jurisdictions to purchase those tickets, meaning that we do not necessarily purchase from the same place on a regular basis. It all depends on the amount of tickets purchased, and the availability of terminals to complete our orders. Some states in the US require a predetermined marking of the playslip to indicate the preference of the jackpot payout (cash amount or annuity payout) We now purchase our tickets in states that allow the choice of either a lump-sum payout or an annuity payout option. Both PowerBall and MegaMillions allow jackpot winners to select their preferred payout method within a pre-determined period from a jackpot win, the first being the annuity payout, and the second being a smaller, lump-sum payout. The lump-sum payout amount is indicated on our various home pages in the main display area for PowerBall and MegaMillions that li
