The winner of Friday’s Mega Millions lottery drawing will receive ... but only if they forgo the immediate lump-sum payment and choose the annuity. Most winners go for the immediate payout ...

First off, the lump sum option is $549.7 million ... and that cash option is what the lottery would invest to equate to that annuity," says senior wealth advisor Cody Warren.

When faced with the decision of taking a lump sum pension payout or receiving monthly annuity payments, your course of action will depend on your individual circumstances. Key factors include your ...

“It’s a miracle! An early Christmas miracle!” the winner from Wayne County said about the Dec. 4 drawing. He matched the ...

Do this before you automatically decide on a lump-sum or annuity option. Lottery winners and anyone who comes into large, unexpected sums of cash need to immediately get outside financial advice.

Ivor Beazer of the Bronx has claimed the prize on the New York Lottery’s Magic 8 Ball instant game. The ticket was purchased ...

YANCEY COUNTY, North Carolina (WLOS) -- One Yancey County man has struck gold after buying his first scratch-off and winning ...

A Wayne County man recently won a $1.05 million Lotto 47 jackpot on a ticket purchased in Westland, according to the Michigan ...

“When confetti came up on the screen with the amount of $1.05 million, all I could think was, ‘It’s a miracle! An early ...

(CBS DETROIT) - A burst of confetti seen on the Michigan Lottery app was the cheer that let a Wayne County man know he won ...

A New York Lottery player has claimed a doubled prize worth $2 million for matching the first five numbers in a Powerball drawing and using a Powerplay option, according to lottery officials.