A lottery claims its grand prize is $5 million, payable over 5 years at $1,000,000 per year. If the first payment is made immediately, what is the grand prize really worth? Use an interest rate of 6%. The real value of the grand prize is $. (Round your response to the nearest dollar.) A lottery claims its grand prize is $5 million, payable over 5 years at $1,000,000 per year. If the first payment is made immediately, what is the grand prize really worth? Use an interest rate of 6%. The real value of the grand prize is $. (Round your response to the nearest dollar.)