The Winner of the $1.94 Billion Powerball Jackpot Pocketed Only $997.6 Million 

The Winner of the $1.94 Billion Powerball Jackpot Received Only $997.6 Million

People got curious to know why the winner of the $1.94 billion Powerball jackpot received only $997.6 million

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The ways a jackpot winner can collect their prize are the reason it happens

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No matter how big the Powerball jackpot is, there are two ways the winner can collect their prize

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The first is the cash option, which is the most popular

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The annuity option is the second way to claim a prize

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In the Cash Option, the stated, anticipated jackpot is listed first and the value is listed second

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On the other hand, the annuity option rewards the winner with 30 graded payouts

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Next: Know How a Massachusetts Mega Million Winner Took Home $31 Million

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