18: Lump Sum or Annual Payments? How Lottery Winners Should Claim their Fortune

In today’s Office Hours, Eric answers Mark’s question: “if you won the lottery and had the option of $30 million upfront or a million dollars a year for 30 years, which is actually the better option?”

Unfortunately this is not a circumstance many of us will see ourselves in, but let’s talk about it anyway. What are the realities of winning the lottery?

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Visit dontretiregraduate.com for a full transcript of this episode.

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