This can be a challenge if the heirs do not have the money on hand to do so.
Florida Struck By Luck
Revenue is distributed to local school districts by the similar statutory formula applied to distribute other state aid to education.
The $758.7 million amount reflects the annuity payout alternative, in which the winner receives 30 payments over 29 years, rising five percent annually.
There have been seven $1 million winning tickets sold, such as one particular in Michigan.
Powerball is played in 44 states plus Washington, D.C., Puerto Rico and the U.S.