If you won the lottery and had the choice of the lump-sum payoff or the annuity payoff,

Question:

If you won the lottery and had the choice of the lump-sum payoff or the payoff, what factors would you consider besides the implied interest rate (indifference interest rate) in selecting the payoff style?

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,...