<prompt> Human: I still cant believe that I won a scratcher, but the deal is 1kmo for 10 years which translates to 12kone paymentyear for 10 years, or 60k upfrontIm roughly 8k in debt 20k including my car, I plan to use this money to help finally put me through college while still working of course, but far less hoursShould I take the 60k lumpsum, or take the 12kyear?EDIT: Added claritythanks guys for all the suggestions, I decided to go with the annuity. Ive been working towards fixing all of the problems above, and I figure an extra 12kyear definitely wouldnt hurt. Thanks again everybody, I really appreciate your advice.ALSO! In my state I dont have to put my real name, and can cover my face with the check. What name should I put? Im thinking something like Check Berry or Phillip McRevisUPDATE Its done, Checky McCheckface won, I went with the 1kmonth its actually one check per year. I feel like Ive been waiting for something like this, but when I got the check today I felt more like an idiot, it shouldnt take a 11000000 chance to become motivated to pursue happiness. Please dont wait for your lotto ticket guys.Thanks again for the support, I cant wait to get back on track. If I can remember the password for this throwaway, Ill give you a 10yr update.  <response>: The 1,000 a month for 10 years is a pretty sweet deal IMHO.If you took the 60,000 now, youd need to achieve a CAGR of 7.18 just to have 120,000 after 10 years and we havent even factored in the opportunity cost of investing that 1,000 a month.If you invested that 1,000 a month for 10 years at, say, 5, youd end up with 162,473.44 in 10 years.Now youd need to earn 10.47 on that 60,000 lump sum over 10 years which is quite unrealistic just to match what you could realistically earn on the 1,000 a month over 10 years.Take the 1,000 per month. 