Question: If I won a $ 1 , 0 0 0 , 0 0 0 lottery I would opt to receive a lump sum of winnings.

If I won a $

1, 000, 000

lottery I would opt to receive a lump sum of winnings. I would do this because by receiving all the money up front, you can invest the sum in an interest earning account and grow your winnings versus only receiving a fixed installment amount at the specified intervals.

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