07-11-2022 18:35 via kxan.com

Annuity or lump sum? Calculating how much a $1.9 billion Powerball win is worth

GREENSBORO, N.C. (WGHP) — As the Powerball jackpot smashes another record and soars to an estimated $1.9 billion, you may be wondering what a win like that would actually look like.When you win the lottery jackpot, you're given a choice between a lump-sum payment or an annuity paid out over nearly three decades. Most lottery winners opt for a lump-sum prize. No one has chosen the annuity option since 2014, according to Axios.According to the North Carolina Education Lottery, a winner that
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