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you don't win $200 million, that's the annuity -- what they expect to pay out over the course of 20-30 years from the investment.
The actual cash value is 50% of the stated jackpot, there's another 28-38% in fees Uncle Sam wants for the privilege of just winning.
The annuity earns around 4% a year and it comes with a service fee of like 1% or something so in reality you're earning 3% then have to pay taxes etc
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