[ealgeone]

If she lives another 40 years she'd gross around $2m vs the $1m. The taxes would be different as well.

There is also the variable of the time value of money.

IF she were to take the lump sum she'd net about $500-$600k....depending on taxes and such.

Invest that money now for 40 years and she'd possible have $22,629,627 at age 60...that's real money right there.

That's IF she put that money in and left it alone.

[af_vet_1981]

IF she were to take the lump sum she'd net about $500-$600k..

It is a Canadian lottery and she is Canadian. There is no tax on the money whether she takes the lump sum or the weekly payment.