Only you can make that decision.

Some winners prefer the peace of mind that comes with a guaranteed payment every month (annuity option), while others prefer to take the lump sum payment and invest it to generate a return. It all depends on the level of risk you are comfortable with.

What do we always recommend? That you consult a financial advisor to help you make the decision that best suits your lifestyle and needs. But before you make any decision, here’s a few of the things that may prevent you from taking the annuity option.

• You live outside of Atlantic Canada;

• You’re claiming the prize with another person or as part of a group; or

• Your age. According to Canada Revenue Agency restrictions, any individual over the age of 90 can’t take the annuity. This also means if you’re over 65 receiving a 25-year annuity is not an option.

For more details on other factors that may prevent you from taking the annuity option, please contact our Winners Coordinator at our toll-free number 1-800-561-3942.