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Quote from Sam in Fools and Their Money

Woody: Sam, maybe you ought to call the bookie again.
Sam: Sit down for a minute here, will you. Woody, you know that old expression, "When you win a bet, you never get paid for eight days"?
Woody: No, but I like it.
Sam: Well, it's an old Irish expression. Which is probably why the bookie hasn't shown up yet. But you know what, it gives you an opportunity to do some financial planning.
Woody: Financial planning?
Sam: Yeah. Yeah, you know, like spreading out the payments over a period of time, just like they do with the lottery winners.
Woody: Lottery winners?
Sam: Yeah, yeah. All right. Listen. Here's my plan. Now, I'll keep the $10,000 for you and I'll give you, let's say, $1 a week for 10,000 weeks. Or, all right, maybe the deluxe plan. You know, two bucks for 5,000 weeks. What do you say?
Woody: Well, it's a tough choice, but I think out of those, I'll stick to the whole thing at once.
Sam: You're kidding me!
Woody: No.
Sam: No, you're missing the obvious benefit of spreading out the tax burden. Am I right, Norm?
Norm: Oh, yeah. Great plan. You'll be real happy you did it when you reach the age of 412, I think.

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