that was before rebate I have seen it packaged multiple ways 1 outer case with 50 round boxes 2 outer case with the ammo in the trays (inner part of the boxes) but no outer box and 3 I have gotten federal bulk ammo just loose in the box

continued even If I found a listing that said how it was packed that is subject to change by Federal and may not be accurate I buy bulk planning on putting it in my aftermarket plastic ammo boxes

Yes, this was actually after the rebate Ben. This ammunition is also Loose Bulk Packed.