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.

Lottery players nationwide have the chance at nearly $2 billion as the Mega Millions and Powerball jackpots continue to roll. If you’re lucky enough to win one (or both), you’ll face a … ...

Unfortunately, winning the lottery is just a dream for most people. While the odds may not technically be in your favor, it's fun to fantasize about what you'd do if you found yourself winning ...

Most winners choose the lump sum payout over a 29-year annuity, but hefty taxes and inflation steadily eat away at prize money.

The options through which Mega Millions lottery winners can receive their windfalls have garnered attention in recent days in light of how massive the jackpot has grown now over $1 billion.

GREENSBORO, N.C. (WGHP) — If you’ve ever wished upon a lottery ticket, you may have wondered what one of those huge jackpot wins would actually look like. The big number you see in headlines … ...

Mark Cuban, self-made billionaire and star of ABC's "Shark Tank," says winners should opt for an annuity rather than a lump sum. Before discussing his reasoning, let's examine the payout options ...

Lump sum versus annuity payments With a lump sum payout, you'll get a larger amount of money up front than you would with an annuity, which pays you your winnings over time.

A lottery-winner advisor says you'll need to find your own trusted support, decide lump sum versus annuity, and say no after hitting the jackpot.

If a lottery winner chooses annual annuity payments and they die before they receive all 30 payments, the rest of their jackpot prize goes to their estate.

According to the North Carolina Education Lottery, a winner that chooses the lump-sum payout for this jackpot would end up getting $929.1 million before taxes. The annuity, on the other hand ...