One of the first 50M lottery winners in Fl, back in the 80s IIRC, was won by a woman, took the annuity, no choice back then.... 2.5M a year for 20 years....
Had to go to a financial advisors after a year or so, she was going broke!?!?!?!?
First thing he said was OK Mrs Jones first thing your going to do is STOP buy $3,000 worth of lottery tickets every MONTH!?!?!?!?
People that have never had to manage a lot of money often don't need to try!!!! At least without some guidance.
YMMV