How much a $1 billion Powerball lottery ticket would actually pay out

why is the cash value of lottery less
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If a lucky Mega Millions winner opts for the lump sum route their cash option smaller Powerball drawing with a $120 million grand prize

The lump sum is adjusted to account for the fact that they're not paying it out over time and therefore are not affected by inflation (which

why is the lottery a thing Winners who opt for cash would get $ million — less than half as much cash option “I want all the money I want the cash-out and

why is lump sum lottery less Further, we demonstrate that the number of Powerball tickets bought increases quadratically with pool size, which implies that tickets become increasingly less