Woman Wins Lottery While Trying to Prove That Nobody Wins the Lottery
Nicole Dieker

As other mentioned, the rate of the annuity is relevant. The other thing to consider is the progress nature of taxes that makes taking a lump sum subject a larger part of the payment to the top rate. You also have to consider your expectations on inflation for the next 10–15 years. So my head says to crunch the numbers. However despite this all if it were to win the lotto, I think my heart would take the lump-sum money and run if the annual amount is $50,000+ per year (less than that and I stuck in a purgatory of not quite being able to quit working) but less than $200,000 (at $200,000+ I am golden and I should just ensure I don’t mess things and should just take the annuity to budget)

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