Cash in the hand is better than cash over 25 years.
There’s not going to be cash in five years, never mind 25.
Set up a trust, pay to trust. Take annual payments as trust will outlive me. Less taxes paid out over time. Better expense write offs as family would be on the board.
But it won’t truly be “cash on hand” because it’ll be in the banks. But I get what you said.
Especially when you’re 70.
Not for most people. Most people couldn’t handle a $1000 windfall, much less $970 million. The average person would be. Much better with the $65 million a year for 29 years. You’d be surprised at how many go bankrupt that take the single lump sum. $65m a year is a stupid amount of money and you couldn’t go bankrupt for at least 3 decades