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If you were to win $1,000,000 in the state lottery and had a choice to either receive $50,000 a year for 20 years or $560,000

If you were to win $1,000,000 in the state lottery and had a choice to either receive $50,000 a year for 20 years or $560,000 now, which would you choose and why? What factors would you need to consider?

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