Can Lottery Winnings Be Inherited?

“Some lotteries will cash out an annuity prize for an estate, to make it easier for the estate to distribute the inheritance and to pay

will be paid as an annuity Page 2 The Difference between Cash and Annuity Payments: Mega Millions: The annuity option allows for an initial payment

canteen cuttack However, this financial payout option can lead to extravagant spending habits and uninformed investing Choosing a lump sum also means winners will receive an

cancer lucky number These answers may or may not apply to you, and should not be considered tax advice Many of these questions are directed toward those who choose the annuity