What is a lottery annuity?

Answer A lottery annuity is a sum of money paid yearly or at predetermined intervals for a set period. Lottery winners have the option of either getting a lump sum or a lottery annuity, in which one recei... Read More »

Top Q&A For: What is a lottery annuity

I got message for winning lottery from UK international Lottery. Is it true?

As an annuity holder with aig I have recently asked for a portion of my annuity and am wondering when i may receive it in the mail?

My wife receives a monthly annuity from AIG and usually gets it on the same calendar day every month.

Future Value Annuity Vs. Annuity Due?

Annuities are investment products you purchase through insurance companies. Earnings on an annuity grow tax deferred, treated as income when distributions are made after age 59 1/2. Part of an annu... Read More »

Is an eia annuity a fixed annuity?

Equity-indexed annuities are fixed annuities. However, an EIA differs from other fixed annuities in the way it credits interest. EIAs use various complex formulas while other fixed annuities credit... Read More »