A grandmother in Maryland recently cashed in when she decided to trust the “lucky numbers” in her fortune cookie. That ...

The Powerball jackpot has risen to $101 million for Monday’s drawing after no one won the top prize on Saturday. If someone matches all six numbers, they can choose a one-time cash payment of $ ...

Will a $2 Powerball ticket turn someone into a multimillionaire? As they say in the lottery business, “it could happen to you.” After Saturday's drawing, a Florida-bought ticket will make ...

The estimated Powerball jackpot is $113 million. The lump sum payment before taxes would be about $51.2 million. The Double Play is a feature that gives players in select locations another chance ...

One way to protect against the risk of outliving your savings is through an income annuity, a financial product that provides guaranteed monthly payouts in exchange for a lump sum investment.

(Bloomberg) -- Insurance companies are snapping up asset-backed bonds to fund future payouts on their annuity products which are seeing record demand — a trend that is expected to continue ...

With an annuity, you pay a lump sum to an insurance company in return for a guaranteed income stream. Annuities What is an annuity? How do annuities work? Types of annuities Best annuity companies ...

Under the law, plan sponsors face less risk of being sued if the insurer that they pick to make annuity payments goes bankrupt and can’t pay claims ... in the first table earlier in this ...

Insurance companies are snapping up asset-backed bonds to fund future payouts on their annuity products which are seeing record demand — a trend that is expected to continue, according to Morgan ...