[bert]

Annuities are a terrible investment. That’s why

[stylin19a]

Thanks, no question about that.
But not as an investment, per se.
it's how the illinois lottery used to fund its big winners. they'd buy a 400k annuity that would pay out a millions bucks over 20 years.

now they buy United States Treasury zero-coupon bonds. like but not quite the same.

http://www.illinoislottery.com/en-us/Financial_Information.html

http://www.illinoislottery.com/content/dam/ill/documents/Illinois_Lottery_Investments_2018-08-31.pdf