Another friend of yours just surprised you with some exciting news $$ she won the lottery! She's been presented with the option to take a lump sum payment of $$750,000$ today or payments in the amount $$75,000$ over the next ten years. Assume a $3\%$ rate of return to store the money for safe keeping. Which is the preferred option based on the present value of both payouts?

Question $3$ options:

Option A: Take the lump sum payment of $$750,000$

Option B: Take the $$75,00$ payout over $10$ years