A New Jersey company called Rook TX exploited lax regulations to buy millions of lottery tickets, winning a $95 million jackpot and prompting Texas Lottery Commission reforms.
You have a choice: get 57M or get an annuity that costs 57M and pays out 96M over two decades
If you took the 57 million and invested it in an index fund you would probably do better than 96M over the same timespan, though you would probably be taxed more and have to be responsible enough to not spend the money instead
You have a choice: get 57M or get an annuity that costs 57M and pays out 96M over two decades
If you took the 57 million and invested it in an index fund you would probably do better than 96M over the same timespan, though you would probably be taxed more and have to be responsible enough to not spend the money instead