Lahti Wants Jackpot In Lump Sum
Lottery officials say a 29-year-old northern Idaho woman has decided to collect her half of a $380 million Mega Millions jackpot in a lump sum payment. The Idaho Lottery announced Friday that Holly Lahti, from the small town of Rathdrum, had elected to take the $120 million lump sum instead of collecting her cash in annual payments over 25 years. The federal government would take $30 million in taxes, while the Idaho State Tax Commission would take a $9.3 million slice, leaving Lahti with about $80.6 million/Associated Press. More here.
Question: If you won a lottery worth $190M, would you take the money in a lump sum or spread out?