What is an Annuity Plan?

All jackpots are estimates and subject to currency fluctuations. For US Powerball and US MegaMillions, Tier 1 prizes are paid in annuities (or a discounted lump sum at Lottoland's election) and winnings in Prize Tiers 1 – 3 are subject to a 38% reduction as per Terms and Conditions. 

For SuperEnalotto, winnings in Prize Tiers 1 - 3 are subject to a 20% reduction as per Terms and Conditions. 

For lotteries which are paid in annuities, prizes of: (a) up to GBP 17 Million may be paid out over a period of up to 10 years, (b) up to GBP 42 Million over a period of up to 25 years, and (c) over GBP 42 Million over a period of up to 30 years. Annuity payout threshold amounts are converted from EUR values based on conversion rates as at the time of writing and actual thresholds may be subject to fluctuations from time to time.