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Old 07-28-2022, 01:13 PM   #11
Abba-Dabba Abba-Dabba is offline
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Join Date: May 2001
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Quote:
Originally Posted by O.city View Post
I'm not sure.

But taking the lump sum right now would be about 475 mil after tax.

You could theoretically get 5% on that yearly, which is about 24 mil.
I'm thinking that the money would be so large in either instance that even managing the annuity payment yourself would be a full time job. You have to hire someone to manage that money either way to at least live some semblance of a life. Taking an annuity payment in this instance because you can't put your trust in someone will quickly be rethought over once tax season comes around.
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