*If you were to save all lottery winnings

ongratulations, you've just won the $1,000,000 state lottery! The lottery commission offers you the cholos of $74,000 per year for 30 years or a one-ma, kumpumpamento we all of the lotiery winninge (regendless of annual cash flow or lump-sum) for retirement in an account that eams 11.00% annusty, which peyment opin should you choos Take the ump-eum payment now because the present value of the annuity is less than the lump-sum payment You are indifferent between the lump-eum or annuity payment because the present value of the annuity is less than the lump sum payment Choose the annual payment because the present value of the annuity is less than the lump-sum payment Take the lump-sum payment now because the present value of the annuity is greater than the lump-sum payment Choose the annual payment because the present value of the annully is greater than the lump-sum payment. ongratulations, you've just won the $1,000,000 state lottery! The lottery commission offers you the cholos of $74,000 per year for 30 years or a one-ma, kumpumpamento we all of the lotiery winninge (regendless of annual cash flow or lump-sum) for retirement in an account that eams 11.00% annusty, which peyment opin should you choos Take the ump-eum payment now because the present value of the annuity is less than the lump-sum payment You are indifferent between the lump-eum or annuity payment because the present value of the annuity is less than the lump sum payment Choose the annual payment because the present value of the annuity is less than the lump-sum payment Take the lump-sum payment now because the present value of the annuity is greater than the lump-sum payment Choose the annual payment because the present value of the annully is greater than the lump-sum payment