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Poll: Annuity or Lump Sum
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Poll: Annuity or Lump Sum
View Poll Results
: Annuity or Lump Sum -- which would you take???
Annuity
7
41.18%
Lump Sum
10
58.82%
Voters:
17
. You may not vote on this poll
Last Post
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liberalmusiclover
Member Since: 5/3/2012
Posts: 42,099
Thread Starter
|
Post #1
Annuity or Lump Sum
If you won a jackpot (i.e. MegaMillions or Powerball), would you take the 30 year annuity or would you take the lump sum payment???
Auburn
Member Since: 1/16/2011
Posts: 24,638
Post #2
Lump sum so I can invest it and gain interest
XIAN
Member Since: 9/4/2012
Posts: 12,421
Post #3
lump sum
Marvin
Member Since: 1/20/2012
Posts: 27,830
Post #4
Lump sum is always smarter
superben
Member Since: 2/24/2012
Posts: 30,779
Post #5
I have concern with such a long time frame, so I would rather be safe and take the lump sum.
Quote:
Originally posted by
Auburn
Lump sum so I can invest it and gain interest
The annuity already takes into account of the interest. It's not the lump sum divided by 30.
Satan
ATRL Contributor
Member Since: 1/1/2014
Posts: 22,126
Post #6
Lump sum
but where would i store all that money
liberalmusiclover
Member Since: 5/3/2012
Posts: 42,099
Thread Starter
|
Post #7
Quote:
Originally posted by
Lućifer
Lump sum
but where would i store all that money
In Rihanna's vault at Gringotts.
RatedG²
Member Since: 8/3/2010
Posts: 71,871
Post #8
Lump sum. The interest >
Hey Gurl Hey
Member Since: 3/18/2012
Posts: 15,751
Post #9
lump that bitch.
Notorious MINAJ
Member Since: 8/7/2015
Posts: 7,228
Post #10
Can some explain to me the distinct difference?
I would assume taking it over a 30 year period would help better manage the money? Though financing was never my strong suit.
HolyKatyPerry
Member Since: 1/1/2014
Posts: 2,534
Post #11
Annuity is the smart choice.
Temporal
ATRL Contributor
Member Since: 8/19/2013
Posts: 43,104
Post #12
Annuity so I don't manage to blow it all.
ahauntingnearu
Member Since: 3/16/2012
Posts: 7,827
Post #13
Quote:
Originally posted by
HolyKatyPerry
Annuity is the smart choice.
This, which most people don't know/realize
MaRy
Member Since: 8/13/2012
Posts: 32,832
Post #14
Lump sum! Gimme my money
Icarus
Member Since: 1/6/2014
Posts: 19,122
Post #15
I'm not desperado for all that cash rn so I'd take the annuity
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