Claiming Winnings on Super Lotto

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There are two options a winner can choose to claim the super lotto prize. They can either claim a lump sum of the cash value payment or opt to go with the modified payment options process where the jackpot is paid in 26 graduated annual payments. Should one choose to get the lump sum cash value of their prize, which is about 45% to 55% of the jackpot value, the amount one will receive will be subject to US federal tax, which is set at 25% for US citizens and 30% for non-residents.

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