My older friends will straight up tell you, that if they won big on the lotto, they’d just as soon go ahead and cash out, because they know their current age and know they won’t live long enough to collect all their winnings from annual payments anyways.

Now if you happen to win big at a younger age and still expect many more years to your life, sure go ahead and take the annuity, but the elders know they ain’t got time for all that anyways, they just want their money while they’re still alive.