Why are the lottery winnings advertised in the Future Value and not the Present Value?

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Words: 151
Pages: 1
Subject: Essay writing service
Topics: annuity payments, Lamp sum cash, lottery wining
Please prepare a 1 to 1 1/2 page report on Case # 6
The case study should focus on the ethical issues.
Please answer these questions: Why are the lottery winnings advertised in the Future Value and not the Present Value? Shouldn’t the States be more responsible and educate its residents, most of whom believe the advertised lottery winnings are what they will get if they select the lump sum cash payment over the annuity payment? Describe 2 ethical issues that may arise.

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