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MEGA Millions Jackpot is now $26 million dollars and you have just won. Your choices are: You can have either $16 million now (forget the
MEGA Millions Jackpot is now $26 million dollars and you have just won. Your choices are: You can have either $16 million now (forget the taxes for now) or You can have $1 million now and the same every year for 25 years (again forget the taxes for now). This cash flow is guaranteed and can be inherited (re: taxes: or maybe more). Also, give a brief (1 or 2 sentences) explanation for your choice
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