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Respond to the following in a minimum of 175 words: Winning one of the big national lotteries provides a choice of how to receive the money. You can receive a much-reduced lump sum (like half or so) t
Respond to the following in a minimum of 175 words:
Winning one of the big national lotteries provides a choice of how to receive the money. You can receive a much-reduced lump sum (like half or so) today, or the full amount in twenty annual payments starting today.Discuss how you can determine which financial dealis better. Also, what are the non-financial aspects to winning the lottery and how do they influence which option to take?