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Effective February 28, 2000 you will no longer have to decide whether to play Powerball for the cash or the annuity (thirty year payment) option prior to purchasing your Powerball ticket. A change in the IRS code will allow you to make the cash versus annuity decision after you have won a jackpot. The Idaho Lottery Commission's policy stated as follows: "It is the policy of the Idaho Lottery Commission to allow on-line jackpot winners to defer for sixty days following the presentation of the winning ticket, an election as to whether to receive the prize in the form of an annuity or a single cash payment as a procedure in the rules of the game. The election, once made, is binding and cannot be changed without the specific approval of the Idaho Lottery Commission."

Q: What happens to prize money if the winner dies?

If a winner dies before receiving all of the prize payments, the remainder of the prize money will be issued to the winner's estate.