What factors would you consider in making your decision

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If you won $200 million (pre-tax) in the lottery, would you rather have a structured payout (annuity) of $10 million per year for the rest of your life or accept the money upfront and pay all the taxes in the year you won? What factors would you consider in making your decision? Would you use any of the proceeds to buy life insurance? Please discuss.

Reference no: EM131610005

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