Should I select annuity or lump sum for Megamillions?

Question

Should I take annuity or lump sum? Before you buy the Megamillions lottery ticket from the cashier, you must select a payment option. Since the economy is not as good as it used to be, I decided to take annuity. How do you select annuity or lump sum?

Answer 1

lump sum for me

Answer 2

I'm with Doreen.  You will have everyone and their bother calling you with investment ideas and you will soon be out of luck.  If you are very Savvy it would be very good to buy real estate on short sales and flip them.  Or you could be a private lender and get up to 16% interest on your money!

Answer 3

just a personal opinion, take the lump sum and invest! make the most of your money. Good luck and I hope you win. If so, can I borrow some $$$? LOL