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Started By
Message
re: Powerball-cash vs annuity
Posted on 1/12/16 at 10:39 am to LSUFanHouston
Posted on 1/12/16 at 10:39 am to LSUFanHouston
quote:
If you can't manage money, the annuity might be better because it guarantees you will get payments for 30 years.
It would be in their interest to take lump sum and buy their own annuity certain or treasury bills
TBills
1- Lower default risk
2- More liquidity
3- Interest rate extremely low on annuity option
Annuity
1- Annuity certain = guaranteed payments unlike powerball
2- diversify bankruptcy risk
3- More options
4- Powerball annuity interest rate extremely low
This post was edited on 1/12/16 at 10:45 am
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