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To: Cletus.D.Yokel
At this level of reward, one is always more prudent to agree to the state-driven annuity.

Thanks. No. One would be more prudent to understand there are uncertain things. I can invest that same $522 M and have more in pocket after 29 years, than I'd get having someone else pay me 30 equal payments. Not only that, but given the way things are going these days, it's a good possibility those payments may stop quite a bit sooner than the 29-year payout.

20 posted on 01/28/2016 12:26:08 PM PST by IYAS9YAS (I got nothin'.)
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To: IYAS9YAS

FWIW, during all the hoorah over the recent big prize, I read something about the fact the 30 annual payments are not equal.

Apparently the payout amount increases 5% per year to account for inflation.


33 posted on 01/28/2016 1:26:38 PM PST by chaosagent (Remember, no matter how you slice it, forbidden fruit still tastes the sweetest!)
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