Quote:
Originally Posted by ThaVirus
To make things as simple as possible, let's just say the jackpot is $1 billion. Assume, after taxes, you end up with $500 million whether you take the lump sum or annuity.
You're looking at $500 million today
or
$16.6 million today and another $16.6 million every year for the next 30 years
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Do you trust the government to hold onto your money and not **** it up somehow?
You could say the same thing about a trust or anything like that....but at least there would be a legal recourse if they did.