Currently, winners have 90 days from the drawing in which to choose the cash option, instead of the original 60.

They chose the cash option, splitting $175 million before Federal tax.

The holders of each ticket also chose the cash option.

There was a cash option of $250 million if the $1 billion prize were to be won.

There was no cash option, which may have led to the game being retired within three years.

Lynch said the cash option would apply to no more than 50 percent of the 16.5 million outstanding shares.

As investors walk through these cash options, though, many still hope that the market will become less scary.

As Morgan did not drive, the sponsors made the offer of a cash option instead.

The first was in 1997, which introduced its cash option.

The entire $365 million was shared by eight people, who chose the cash option.