Jackpot Payouts

Reply #6

Taidow — Fri, 14 Apr 2006 07:31:55 GMT

i was thinking 6-8 weeks on the full payout....

Reply #5

Taidow — Fri, 14 Apr 2006 07:30:20 GMT

Two weeks seems a little quick. Are you referring to the full jackpot payout or an initial advance on the jackpot winnings

Reply #4

dvdiva — Fri, 14 Apr 2006 04:28:04 GMT

In Powerball's case and I'm guessing Megamillions it's 60 days. That's when the winner must choose cash or annuity.

Reply #3

LOTTOMIKE — Fri, 14 Apr 2006 04:00:47 GMT

so if you do win there is a window of about a month or more before you'll even see any money.that means if you win a jackpot you don't get to go out the next day and buy cars and houses,lol.....

Reply #2

dvdiva — Fri, 14 Apr 2006 03:58:18 GMT

I'm guessing at least a full month at the earliest between when the ticket is presented and the actual check is recieved. Verification alone takes a while.

Reply #1

ryanm — Thu, 13 Apr 2006 23:22:50 GMT

No, they don't. You have to wait two weeks for the state to collect from all the other participating lotteries.

Jackpot Payouts

Taidow — Thu, 13 Apr 2006 20:10:58 GMT

Mega Millions is new here in California. Do the large jackpot lotteries like Mega Millions and Powerball give any money up front when a winning ticket is presented ? I know Super Lotto didn't the last time that I heard.......