At least one ticket matches the winning numbers for the $1.6 billion lottery, Dunkin’ launches new products to take on Starbucks, and other important business headlines. Imagine you’re in the enviable position of deciding how to take home $1.537 billion.
That’s the decision for one lucky person in South Carolina who holds the winning Mega Millions ticket for the second-largest jackpot ever.
The winner has two options: Take a lump sum payment of $878 million or get paid the entire jackpot over 30 annual payments. Is one better than the other financially?Let’s break it down: ANNUITY: The installments are paid out […]
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