Question: Annuities or Lump Sums?
(75 to 150 words)
In this discussion, please answer the following question and post your response to the discussion board. Please keep in mind, in order to remain eligible for full credit in the discussion, you must, in addition to your initial reply, respond to at least two of your classmates' or instructor's posts.
You have just won a 300 million dollar Power Ball jackpot. Based on your individual state and federal taxes, which option (annuity or lump sum) do you think better and why?
Be sure to research both options before posting your opinion on which is financially more rewarding