<prompt> Human: We have a Scratch Win ticket here with the above payout options for the grand prize. If one were to win the grand prize, which of the above would be the better financial choice in the long run? Id like to keep discussion with the assumption that the winner would not simply blow the lump sum and would instead try to make the most possible money over 25 years.  <response>: Depends on your tax bracket. 52,000 extra a year will probably be taxed much less than a lump sum of 675,000. Youd have to see if the tax benefits outweigh the NPV of the lump sum. 