78. Lottery Winnings – the state is not the only one willing to give lottery winners a cash payout rather than a stream of payments over many years.

Investors frequently offer their own cash buyout to lottery winners in exchange for the future installment payments.

For lottery winners that turned down the cash lump sum from the state at the time of winning, they may have to turn to private investors at a later date if they change their mind and want to cash out.

Because many lottery jackpots are paid out over 20-30 years, many winners prefer to receive one lump sum upfront instead of regular payments.

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