Stevie needs rug money. Stevie plays the California lottery and wins $1 million to be paid out at $100,000 per year (at the end of each year) for the next 10 years. Current interest rates on high quality corporate bonds are 5%. Stevies tax rate is 40%. The State of California offers Stevie an immediate one-time payout of $402,605, and Stevie takes it. Is Stevie crazy?