Wisconsin § 565.28 - Lottery prize payment option.
Full text of Wisconsin Wisconsin Statutes § 565.28 — Lottery prize payment option., with citation guidance and answers to common questions.
§ 565.28. Lottery prize payment option.
565.28(1) (1) A person who becomes entitled to receive payment of a lottery prize under s. 565.30 (1) on or after October 29, 1999, may elect to receive payment of the lottery prize in the form of a lump sum or in installments over a period of years if the lottery prize is payable over at least 10 years. 565.28(2) (2) A person who chooses to make an election under sub. (1) shall make the election no later than 60 days after becoming entitled to the lottery prize. An election made under sub. (1) is final and may not be revoked. 565.28(3) (3) If a person eligible to make an election under sub. (1) does not make an election within 60 days after becoming entitled to a lottery prize, the administrator shall make payment in the form of an annuity. 565.28 History History: 1999 a. 9 ; 2023 a. 138 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 565.28
What does Wisconsin Statutes § 565.28 cover?
Section 565.28 ("Lottery prize payment option.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 565.28?
A common citation format is "Wisconsin Statutes § 565.28" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 565.28 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.