You have won the lottery and have a choice between a) a $12,000,000 cash upfront one- time payment or b) a series of payments of $310,000 per year for 40 years and with an additional one-time $2,000,000 lump sum payment at the end of 40 years. Question 1) Which is the better financial outcome and by how much in today's dollars? (Ignore taxes - these payments are tax free) You believe that interest rates will be 2.5% throughout the full period. Question 2) What should the annual payments be for you to be indifferent between each option?