Do you have recently won the jackpot in the state lottery you have two options option one you can receive $150,000 at the beginning of each year for 20 years or option two you can receive $936,000 now and $60,000 at the end of each year for 20 years ignoring taxes which of the two options would you take assuming a 10% discount rate

You have recently won the jackpot in the State Lottery. You have two options: Option 1) you can receive $150,000 at the beginning of each year for 20 years or option 2) you can receive $936,000 now and $60,000 at the end of each year for 20 years. Ignoring taxes, which of the 2 options would you take, assuming a 10% discount rate? Option 1, as it has a PV of $1,677,035 Option 2, as it has a PV of $1,446,814 Option 2, as it has a PV of $1,504,738 Option 1, as it has a PV of $1.410,768 I would be indifferent as the two options have the same PV