lump sum

noun

: an amount of money that is paid at one time : a single sum of money
The bonus is paid out in a lump sum.
take their winnings as a lump-sum payment

Examples of lump sum in a Sentence

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Both the lump sum payout and the annuity payout totals are before taxes. Mark Osborne, CBS News, 12 Aug. 2026 Some states, including Florida, Texas and Tennessee, do not tax lottery winnings, and most Powerball and other major lottery winners choose the lump sum over annuity payments. Avni Trivedi, CNN Money, 12 Aug. 2026 However, Bonta alleges that Chemours sold 100% of those insurance payouts back to its sister companies in 2025 for a lump sum of cash that was worth less than half of what the insurance was actually valued at. Susanne Rust follow, Los Angeles Times, 6 Aug. 2026 The game winner had the choice of receiving his prize as an annuity of $50,000 over 20 years or a lump sum of $600,000. Ingrid Vasquez, PEOPLE, 4 Aug. 2026 See All Example Sentences for lump sum

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Cite this Entry

“Lump sum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lump%20sum. Accessed 17 Aug. 2026.

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