How long does a Megabucks Plus!, Mega Millions, Hot Lotto or Powerball jackpot winner have to decide on a payout option?

A Vermont jackpot winner has 60 calendar days from the date they claim their prize at the Vermont Lottery headquarters to elect a one-time-only cash payment (CASH option) or annual installments (ANNUITY option). Please Note: Prize winners have one year from the draw date of the winning ticket to claim their prize. More.

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