Of course you can invest at a better rate. I take the lump sum every time.
You can invest at a better rate, however the lottery is the equivalent of investing in risk free bonds and seemingly pays a better rate that buying treasuries.
Why put hundreds of million in treasuries?
What time do they draw it?
a lot of the people buying lottery tickets aren’t exactly making the best economical decision to begin with so if they won they may not know how to handle such large amounts,
Please keep the racist comments in the political thread.
Here comes the racist who assumes that all those who make bad financial decisions are from a specific race.
Did it hit a billion yet?
For some reason I feel that every story of a winner is how he chose to put his kids birthdays as the numbers or some other string of numbers. You never really hear that they did a quick pick.
You tell me the winning numbers and I will tell you if there will be a birthday story.
11 18 33 44 49
Well, you're a number short.
11 18 33 37 44 49
If I won the lottery .... ... I would write a book about my journey and make even more money!