|Posted: February 21, 2006, 10:53 am - IP Logged|
From the New Jersey lottery website:
Select how you want to get paid when you buy your ticket - either Annuity or Cash. Select Annuity if you want to be paid the jackpot amount over a 26-year period, or select Cash if you want to be paid the jackpot amount in a lump sum.
From the Ohio lottery website:
The Mega Millions prize is an annuity prize, although players can, at the time of claim, choose the cash option.
* you don't need to buy more tickets, just buy a winning ticket *