What happens to Powerball winnings if you die?
What happens to Powerball winnings if you die?
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Powerball's website proposes a simple solution to this: If you die, Powerball can convert your annuity into a cash lump sum, so you can pay
Though many believe the government keeps the money, annuity payments are generally passed to a winner's heirs if they die, according to Initial and Annual Annuitized Payments: All annuitized prizes shall be paid in graduated annual payments The annuity option Jackpot Prize amount will be
virginia lottery winning If you're lucky enough to beat the 1-in-303 million odds and win the Mega Millions jackpot, taking the winnings in an annuity means the pot will What happens to prize money when someone dies? When a prize is claimed it becomes the property of that individual, even if the prize is paid out as an annuity
