What happens when you take the cash option after winning the lottery?

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Jackpot + Number of Winning Tickets Cash Value Game ; $ billion 1 $ million Powerball ; $ 4 billion 3 $ million Powerball

$ billion Powerball jackpot up for grabs Saturday night: See how much the cash option is worth The Ohio Lottery says Powerball ticket sales Winning Cash Pop numbers from July 11 drawing Morning: 06 Lottery district office for games that do not offer an annual payment option

goldfish slot machine The cash option is generally considered to be the amount of money necessary to fund the annuity option (a one-time payment, followed by 29 Q: What's the difference between the cash and annuity option? A: When someone wins the jackpot and wants cash, they get all of the cash in the jackpot prize