If you win the lottery and you take the 20-year payout, and would happen to pass away, do you not get all of the 20-year payout? How does that work?
The annuity payout is only available if you are a winner of the jackpot in the Kansas Powerball game, and it provides the option of stretching out the payments for 30 years, according to Madinah Hazim, public information officer with the Kansas Lottery.
If you were to die before the payout was completed, the rest of the money would go to your estate, Hazim said. She said the lottery advised jackpot winners to work with an accountant to make sure everything was in order to continue the payouts in the event of death.