If the only option available was an annuity payment plan, what could the winner do to maximize

Question:

If the only option available was an annuity payment plan, what could the winner do to maximize the value of his or her winnings assuming that the risk-free rate of interest is 5%?

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,...

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