1 point) On January 13, 2019, Jason, a cash basis taxpayer, was one of 3 winners of a $6 billion Powerball jackpot. Jason had the option to receive a one-time cash payment of $327.8 million or 30 annual payments of $17.8 million. Jason elected to receive 30 annual payments and received the first payment of $17.8 million on July 1, 2019. How much gross income does Jason have in 2019 as a result of the Powerball winnings?

a. $0

b. $327.8 million

c. $17.8 million

d, $1.6 billion