Congratulations! You won $1,000,000 in the state lottery.

The state will pay you $50,000 each year for 20 years.

The best interest rate you can find is 4%.

Quick Pay Annuity Company will pay you $670,000 today for the rights to the future cash flows.

Should you take Quick Pay's offer?

A .No! Quick pay is asking over $3,000 for this service.

B. YES! Quick Pay is paying more for the annuity than it is worth

C. Yes! Quick Pay is only asking $1,349 for their service.

D. No! The lousey @#$%^&* are low balling me by almost $10,000.