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Your relative wins a local lottery. The lottery commission offers three choices: take the $100,000 now, take a set of $13,000 annual payments starting now, or take a set of $13,000 annual payments starting in a year from now. Which option should your relative take? (Hint: consider under what conditions the options are equivalent.) Your relative wins a local lottery. The lottery commission offers three choices: take the $100,000 now, take a set of $13,000 annual payments starting now, or take a set of $13,000 annual payments starting in a year from now. Which option should your relative take? (Hint: consider under what conditions the options are equivalent.)