Euromillionairs
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That half the total is what it costs the lottery to buy the 25 year annuity. If you have anything approaching risk tolerance you're better off taking the lump and investing it in something with a better rate of return.
3x12=36 2x12=24 1x12=12 0x12=18
I know, and it's a rip-off. I know how to do annuity calculations, and at today's interest rates, 50% is far more than it should be for a premium. But since an annuity is the worst possible investment, excepting life insurance, I'll still take the lump sum despite the obvious fraud involved. I can do far better in the stock market, even in bad years.
"A Journey of a Thousand Rest Stops Begins with a Single Movement"