re: Mother of 3 claims $2M Powerball prize

quote:

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I know it is supposed to be better overall to take the lump sum

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Ehhh not really. The main argument against lump sum is bankruptcy.
And the people who usually show that taking the lump sum and investing it makes you come out ahead, forget to add the part where you could be investing the little payouts every month as you get them.

If the payout is guaranteed (through some type of insurance or something) then annuity is better in most cases.