January 14, 2016

This short video shows what happens to a person’s money in the very, very unlikely event that they win the lottery.

 

Questions:

  1. As the video says, you’re more likely to be struck by lightning than win the lottery, so why do people play it?
  2. Which option ensures that a lotto winner gets the most money from their prize: the cash payout or the annuity jackpot?

 

From CNN Money

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