How Much Do Immediate Annuities Pay? 
Single Immediate Annuities Payouts are determined by gender , age and the length of the payout , i.e. 10 years , 20 years , etc. . But the most popular immediate payout is lifetime annuitization where the interest rate of return is combined with mortality credits based on the age of the annuitant . The additional tax benefit of a non-qualified immediate annuity annuitized payout is the exclusion ration which comprises part of the payment and represents the tax free distribution of basis . 