Common use of Annual Payment Option Clause in Contracts

Annual Payment Option. 1. The prize amount of a Jackpot Prize winner electing the Annual Payment option shall be the Annuitized Jackpot Prize amount, as determined by the Mega Millions Lotteries, divided by the number of total Jackpot Prize

Appears in 3 contracts

Sources: Cross Sell Agreement, Cross Sell Agreement, Cross Sell Agreement