annuitize
verb (used with object)
to convert (money saved, an investment, etc.) into an income paid annually or at other regular intervals; to convert into an annuity.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
If someone wins the Powerball jackpot, they can choose between annuitized prize of $1.70 billion or a lump sum payment of $770.3 million, according to the release.
From Los Angeles Times ● Sep. 4, 2025
The lucky ticket holder will have the choice between an annuitized prize of $842.4 million, payable over 30 years, or a lump sum payment of $425.2 million.
From Seattle Times ● Jan. 2, 2024
The $1.73 billion figure represents the latter, annuitized option.
From Washington Times ● Oct. 10, 2023
If someone wins Wednesday’s night jackpot, they will have the choice between an annuitized prize worth an estimated $1.2 billion or a lump sum payment estimated at $551.7 million.
From Los Angeles Times ● Oct. 3, 2023
The savings account is annuitized at age 65.
From BusinessWeek ● Feb. 18, 2011
