How does a lottery annuity work?

When someone wins a Mega Millions jackpot and elects to take the annuity option, they will receive one immediate payment and 29 subsequent annual payments where

As mentioned, the annuity option means you'll receive a check every year with another, slightly larger portion of your lottery winnings While

lottery sambad26 Cash Option shall be paid their appropriate second prize share on an annual Lottery's Headquarters ; subsequent second prize payments will be made

lottery sambad 1 Your lottery payout can be issued as a one-time lump sum or an annuity If you chose the latter and those payments are no longer cutting it, we can help