🧵 1. The Mega Millions jackpot is now $1.55 billion, one of the game's biggest prizes ever. Winner's choice: lump sum or annuity. #world
🧵 1. The Mega Millions jackpot is now $1.55 billion, one of the game's biggest prizes ever. Winner's choice: lump sum or annuity. #world
🧵 2. The lump sum option is worth $757.2 million, while annuity payments add up to $1.55 billion. Both figures are pre-tax.
🧵 3. Chicago lawyer advises against taking the lump sum, citing the "curse of the lottery." Annuity can provide financial security.
🧵 4. Lottery winners face three risks: bad investments, relatives asking for money, and overspending. Be wise with your jackpot!
🧵 5. Financial experts can help you manage the windfall, but annuity payouts offer protection and a steady income stream. Choose wisely!
🧵 Read more at: https://www.cnbc.com/2023/08/07/mega-millions-jackpot-hits-1point55-billion-which-payout-is-best.html
That reminds me, I should buy a ticket 🎟️