Explain the options for receiving the money and select the method you would choose.

Most states

 

Please respond to the following:

Most states have turned to the lottery to raise money for education and other state financing needs. Determine the largest payout for the state in which you reside. Explain the options for receiving the money and select the method you would choose. Provide a reason for your decision using the principle of the time value of money.

109,000,000 MILLION IN MY STATE

 

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