My advice to someone who just won the lottery is to get 1 million at the end of each year for 20 years instead of 10 million now because over time you'll have more money. Its better to wait and be patient so you can have more money and not blow it in one place.
Why not invest it in the bank and have the amount increase over the years? It's better for someone to take the 10 million now because money is worth more today than it is tomorrow and that happens because of inflation.
ReplyDeleteBut what if you die no one else is going to get the money that you won and i would take the 10 mill. because i would put some away and use some for a house and food and a car and charety.
ReplyDeleteThat is a great idea!! cause some people spend all there money on one place.i don't know how they just do
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