A self-made billionaire's advice for lotto winners: Cash or annuity?
A self-made billionaire's advice for lotto winners: Cash or annuity?
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Do not take the monthly, that money will depreciate fast due to inflation Take the 200k of the money and give it to a financial advisor to
lump sum payment of $250 million or a tiered payout consisting of an annuity lottery-type contests, then the real expected loss to Pepsi was $250,000,000 The annuity option includes the amount in interest that would be generated over time and is therefore a larger amount than the lump-sum option If the winner
akshaya lottery result 27 8 23 Plus, if you take the lump sum with the idea of investing, you'd need to make up nearly half a billion dollars through investments to equal the earnings from It's a problem we'd all like to have: we've won a huge lottery jackpot, now what? Is it better to take the lump sum cash payment or the annuity paid out
