The Breakdown

Lottery payouts are generally over 30 years. So 14 million divided by 10 is 1.4m and 1.4m divided by 3 is 466,666. 466,666 divided by 12 is 38,888. So generally it's $38,888 a month. Usually they pay you a yearly amount but I would try to set it up so that I had a trust account that shifted the monthly amount into my bank.