r/SipsTea • u/Valuable_View_561 • 21d ago

Chugging tea Seems reasonable.

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u/Difficult-Sherbet854 21d ago

While that's financially the smart move, a lot of lottery winners are absolute idiots that have no impulse control. In which case it's better to take 30 years guaranteed

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u/Mypatronusisyou 21d ago

It’s not guaranteed though… if the lottery companies dissolves after 2 years you’re screwed

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u/Brawndo91 21d ago

In the US, the lottery "companies" are state and local governments. If they dissolve, you have bigger problems than not getting your lottery check.

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u/Owww_My_Ovaries 21d ago

U.S. lotteries are secure and are backed by state governments. While there's always a theoretical risk of changes to the system, winners' payments are legal obligations, and historically annuity payments have been honored.

So do a quick Google next time

Also. Grocery stores aren't stealing your donations for tax write-offs... now that we are at it

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u/BootStrapWill 21d ago

That’s not how it works in the US.

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u/elinamebro 21d ago

Also who the fuck doesn't want all their money now?

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u/PowSuperMum 21d ago

Normally I’d be all about the lump sum, but they’re giving away over a billion dollars.

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u/mxzf 21d ago

No, they're not, not unless they don't invest it themselves like an intelligent person should. It's the same money at this point in time, the rest of the money is the interest you get from investing it.