Home > Terms > English, UK (UE) > Lump sum payoff
Lump sum payoff
A large jackpot that the winner elects to receive as a lump sum cash payment rather than an 'Annuity' (see above) over several years.
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Stanislaw Lem
(1921 – 2006) Stanisław Lem was a Polish writer of science fiction, philosophy and satire. He was named a Knight of the Order of the White Eagle. He ...
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