Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens to the remaining payments if a jackpot winner dies before all their annuity payments have been received?

0
Posted

What happens to the remaining payments if a jackpot winner dies before all their annuity payments have been received?

0

If a jackpot winner chooses an annuity payment plan for a jackpot prize, and passes away before all of the payments have been received, the remaining payments will go to the designated heir(s) or the estate. At the time the winning ticket is redeemed, the prize recipient has the opportunity to complete a form and designate an heir.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.