If the Powerball winners can earn 6% compounded annually on their personal investments, what was the initial

Question:

If the Powerball winners can earn 6% compounded annually on their personal investments, what was the initial economic value of the to them? Which option should they have chosen in that case?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...