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Annuity options for lottery mega millions winner

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There are a number of annuity options for lottery mega millions PowerBall jackpot winners

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These options come in a variety of forms and the size of the payments varies by state.

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The payment amounts increase by five percent annually

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The benefits of this option include a guaranteed income for the next three decades

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In addition, it eliminates the risk of going broke 

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and protects you from long-lost relatives asking for money

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Upon winning a jackpot, the winner will have two payment options

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a cash lump sum or an annuity

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