how to improve yourself in trucking ?

not sure but if the prize is this big, it is better to do a lump sum if you know how to manage and grow it

 

If a single ticket won and they took the 29 year annuity payments, it would be over 55 million a year before taxes. That's more than enough to figure out money management and build a nest egg for your descendants for a few generations to come. After taxes you would still get 30+ million a year, and if you can't live on that, something is wrong.

 

But, you'd be banking on the funds being there from the state run lottery in the future. With Federal/State/Local spending habits of the last few years, I wouldn't trust it. Lump sum for me no matter what the total take home is, claimed via a LLC and entrusted with a fiduciary wealth manager.

 

Even if the lump sum is only 50% if you figure the average return at ~7% you will double it every ~10 years. So in 30 years you'd have a lot more than the slow pay option.

And daddy needs his castle now. Not next year or the year after that.