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In response to "ST Poll: You win $1.2 Million." by Strongbad

What you are missing is, with an annunity you spend that money with a lump sum invested you still have the lump sum at the end of the 20 years

also.... large jack pots are spread over 25 or 30 years now.

its true, you could get your yearly payout and save some of it.

but what would that give you each year? 40k that's what mom gets in her pensions/ss


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