The biggest mistake lottery winners make
357,602 Views
371 Questions Answered
Let’s Begin…
After winning the lottery, one of the first decisions you’d have to make is how you want your winnings to be paid out. You can choose the full jackpot amount, paid out in annual installments over 30 years. Or you can take a much smaller lump sum paid out immediately. So, which is the better option? Explore the financial implications of annuity and lump sum payments.
Create and share a new lesson based on this one.
Watch the video and finish the Think section to complete the lesson.
About TED-Ed Animations
TED-Ed Animations feature the words and ideas of educators brought to life by professional animators. Are you an educator or animator interested in creating a TED-Ed Animation? Nominate yourself here »
Meet The Creators
- Script Editor
- Shannon Odell
- Director
- Anton Bogaty
- Narrator
- Addison Anderson
- Composer
- Cem Misirlioglu
- Sound Designer
- Cem Misirlioglu