Annuity option :
- The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments.
- Each payment is 5% bigger than the previous one. This helps protect winners’ lifestyle and purchasing power in periods of inflation.
- See more information about the annuity option.
Cash option :
- A one-time, lump-sum payment that is equal to all the cash in the Mega Millions jackpot prize pool.