Fact About France: Wine is its Quintessence, Should I sell lottery payments?

Passmoore, Works Of Alexander & I.V.

Why not buy something like this? Graceful living in the south of France amid chateaux, vineyards, servants, and haut-couture would seem ideal. Perhaps. What about the business side of things though? This chateau, after all, was founded upon producing first-rate wine. Its raison d’etre is wine. It cannot but continue in that vein, regardless of who its current owner may be. Under the wrong owner, the chateau’s wine business could sour. Thousands of barrels could be rendered unsalable. Your well-intentioned leap into luxury could prove to be anything but enjoyable – destroying a business and dealing injurious blows to those who depend on it. If it’s a carefree, effortless life of pleasure you seek, steer clear of French chateau acquisitions. It would be disagreeably counterproductive to sell lottery payments at a steep discount only to bring ruination upon an established first-growth vineyard. snow-capped peaks, verdant fields, clay terroir, blue grapes Series Description: Hypothetical scenario- you’ve just won the lottery, and the jackpot was worth millions! But there’s a catch: you’ll be paid slowly over the course of 20 years. Do you accept the predictably moderate income, or sell the lottery payments to an investor for a big lump-sum payout? -A series of tempting acquisitions dismissed by some reasons not to sell annuity income. Assumption: you’re a layman with no grand business aspirations. -Can apply to wealthy non-lottery winners too.