Congratulations! You’ve won a major lottery, which offers you the following payout options: 718 Chapter 12
Option #1: $13,500,000 four years from now
Option #2: $2,050,000 at the end of each year for the next six years
Option #3: $12,500,000 three years from now
Requirement
Assuming that you can earn 10% on your funds, which option would you prefer?