Mega Millions Jackpot Payout Options

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Written by San Joyce | 12-06-2022

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Mega Millions Jackpot

Mega Millions jackpot winners are offered the choice of a Cash Option or an Annual Payout.

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The Annuity option provides an initial annual payment followed by 29 annual payments, each 5 percent larger than the previous one.

Mega Millions Jackpot Payout Options

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Alternatively, the Cash option is a one-time, lump-sum payment that is equal to all the cash in the Mega Millions jackpot prize pool.

Mega Millions Jackpot

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Claim parameters may vary from state to state in the USA.

Mega Millions

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Mega Millions

Mega Millions state lotteries should be contacted for detailed information.

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