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Submission: On December 28 via api from BE — Scanned from US
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Accessibility statementSkip to main content Democracy Dies in Darkness SubscribeSign in Democracy Dies in Darkness NationalClimateEducationHealthInnovationsInvestigationsNational SecurityObituariesScience NationalClimateEducationHealthInnovationsInvestigationsNational SecurityObituariesScience SHOULD MEGA MILLIONS JACKPOT WINNERS TAKE A LUMP-SUM PAYOUT OR ANNUITY? Experts say winners should generally take the money in annuities, but that’s not what most people do. Updated December 28, 2024 at 1:02 a.m. ESTyesterday at 1:02 a.m. EST 4 min 237 Robert Hadad sells Mega Millions lottery tickets at his downtown Miami souvenir store on Thursday. (Joe Raedle/Getty Images) By Andrew Jeong The winner of Friday’s Mega Millions lottery drawing will receive an estimated $1.22 billion — the fifth-biggest jackpot in the game’s history — but only if they forgo the immediate lump-sum payment and choose the annuity. You are what you read. Reveal your 2024 reader type with Newsprint. Most winners go for the immediate payout — in Friday’s drawing worth $549.7 million — but experts say they could be making a mistake. Share 237 Comments NewsletterAs news breaks Exclusive Alerts Breaking news email alerts and investigative journalism you'll only find in The Post. Sign up Advertisement Advertisement Advertisement Company About The Post Newsroom Policies & Standards Diversity & Inclusion Careers Media & Community Relations WP Creative Group Accessibility Statement Sections Trending Politics Elections Opinions National World Style Sports Business Climate Well+Being D.C., Md., & Va. Obituaries Weather Arts & Entertainments Recipes Get The Post Manage Your Subscription Become a Subscriber Gift Subscriptions Mobile & Apps Newsletters & Alerts Washington Post Live Reprints & Permissions Post Store Books & E-Books Print Special Editions Store Print Archives (Subscribers Only) Today’s Paper Public Notices Contact Us Contact the Newsroom Contact Customer Care Contact the Opinions Team Advertise Licensing & Syndication Request a Correction Send a News Tip Report a Vulnerability Terms of Use Digital Products Terms of Sale Print Products Terms of Sale Terms of Service Privacy Policy Cookie Settings Submissions & Discussion Policy RSS Terms of Service Sitemap Ad Choices Your Privacy Choices washingtonpost.com © 1996-2024 The Washington Post COMPANY CHEVRON ICON Diversity & Inclusion Careers Media & Community Relations WP Creative Group Accessibility Statement SECTIONS CHEVRON ICON Trending Politics Elections Opinions National World Style Sports Business Climate Well+Being D.C., Md., & Va. Obituaries Weather Arts & Entertainments Recipes GET THE POST CHEVRON ICON Manage Your Subscription Become a Subscriber Gift Subscriptions Mobile & Apps Newsletters & Alerts Washington Post Live Reprints & Permissions Post Store Books & E-Books Print Special Editions Store Print Archives (Subscribers Only) Today’s Paper Public Notices CONTACT US CHEVRON ICON Contact the Newsroom Contact Customer Care Contact the Opinions Team Advertise Licensing & Syndication Request a Correction Send a News Tip Report a Vulnerability Download the Washington Post App * About The Post * Policies & Standards * Digital Products Terms of Sale * Print Products Terms of Sale * Terms of Service * Privacy Policy * Cookie Settings * Submissions & Discussion Policy * RSS Terms of Service * Sitemap * Ad Choices * Your Privacy Choices * washingtonpost.com * © 1996-2024 The Washington Post 5.31.7 Already a subscriber? Sign in END OF YEAR SALE OUR YEAR-END SALE IS HERE. SWITCH ON. Subscribe for unlimited access to unmatched reporting. You can cancel anytime. MONTHLY 50¢ every week for the first year billed as $2 every 4 weeks YEARLY $120 $29 for the first year * Unlimited access on the web and in our apps * 24/7 live news updates Add your email address By creating your account, you agree to The Washington Post's Terms of Service and Privacy Policy. Card View more offers