# Question: Congratulations You ve won a major lottery which offers you the

Congratulations! You’ve won a major lottery, which offers you the following payout options:

Option #1: $12,000,000 five years from now

Option #2: $2,250,000 at the end of each year for the next five years

Option #3: $10,000,000 three years from now

Requirement

Assuming that you can earn 8% on your funds, which option would you prefer?

Option #1: $12,000,000 five years from now

Option #2: $2,250,000 at the end of each year for the next five years

Option #3: $10,000,000 three years from now

Requirement

Assuming that you can earn 8% on your funds, which option would you prefer?

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