The point being, they never need $1 billion to pay out either version of the prize. Hence, the prize is NOT worth $1 billion. If you take the 40 year version and claim $25 million each year, the remainder of the cash could be invested such that it will cover all the payouts eventually. You need far less than a $1 billion investment to do this.
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The point being, they never need $1 billion to pay out either version of the prize. Hence, the prize is NOT worth $1 billion. If you take the 40 year version and claim $25 million each year, the remainder of the cash could be invested such that it will cover all the payouts eventually. You need far less than a $1 billion investment to do this.