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Talk7 min

The biggest mistake lottery winners make

TED-Ed · TED

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About

After winning the lottery, one of the first decisions you’d have to make is how you want your winnings to be paid out. You can choose the full jackpot amount, paid out in annual installments over 30 years. Or you can take a much smaller lump sum paid out immediately. So, which is the better option? Explore the financial implications of annuity and lump sum payments. [Directed by Anton Bogaty, narrated by Addison Anderson, music by Cem Misirlioglu, Colin Brown].

The talk

  1. The biggest mistake lottery winners make 7 min · TED's player

Credits and licence

Institution
TED
Department
TED-Ed
Speaker
TED-Ed
Year
2026
Level
For everyone
Language
English
Subjects
Economics, Psychology and the brain, Teaching and learning
Source
TED
Licence
CC BY-NC-ND 4.0, as TED states it. Non-commercial use only, and no changed versions. TED's terms
Attribution
TED Talks are licensed by TED under Creative Commons BY-NC-ND 4.0 International and are shown here in TED's own player, as TED's usage policy asks.
Who can watch
TED gives no rating. Invisible Network shows it to Teens profiles and older, judged from what the source says about it. How courses are placed