In this Wednesday's California Super Lotto Plus drawing, the Annuity Jackpot is guaranteed to be $8.0 million, and the estimated cash value is $6.6M.
These values imply that the Cash to Annuity Yield is only 1.60%.
With this low rate of reinvested return, any player who is lucky enough to win the Jackpot on Wednesday should take Cash. Pay your taxes and reinvest the rest in US Treasuries, and you'll receive more than $8.0M over time.
JL........
These values imply that the Cash to Annuity Yield is only 1.60%.
With this low rate of reinvested return, any player who is lucky enough to win the Jackpot on Wednesday should take Cash. Pay your taxes and reinvest the rest in US Treasuries, and you'll receive more than $8.0M over time.
JL........
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