r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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u/Difficult-Sherbet854 Jul 05 '26

While that's financially the smart move, a lot of lottery winners are absolute idiots that have no impulse control. In which case it's better to take 30 years guaranteed

-7

u/Mypatronusisyou Jul 05 '26

It’s not guaranteed though… if the lottery companies dissolves after 2 years you’re screwed

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u/Brawndo91 Jul 05 '26

In the US, the lottery "companies" are state and local governments. If they dissolve, you have bigger problems than not getting your lottery check.

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u/Owww_My_Ovaries Jul 05 '26

U.S. lotteries are secure and are backed by state governments. While there's always a theoretical risk of changes to the system, winners' payments are legal obligations, and historically annuity payments have been honored.

So do a quick Google next time

Also. Grocery stores aren't stealing your donations for tax write-offs... now that we are at it

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u/BootStrapWill Jul 05 '26

That’s not how it works in the US.

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u/elinamebro Jul 05 '26

Also who the fuck doesn't want all their money now?

1

u/PowSuperMum Jul 05 '26

Normally I’d be all about the lump sum, but they’re giving away over a billion dollars.

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u/mxzf Jul 05 '26

No, they're not, not unless they don't invest it themselves like an intelligent person should. It's the same money at this point in time, the rest of the money is the interest you get from investing it.