Congratulations! You've won a state lotto! The state lottery offers you the following $($after$-$tax$)$ payout options:

View the payout options.

View the present value of $$1$ table.

View the future value of $$1$ table.

View the present value of annuity of $$1$ table.

Requirement

View the future value of annuity of $$1$ table.

Assuming that you can earn $10\%$ on your funds, which option would you prefer?

Calculate the present value for each payout. $($Round your answers to the nearest whole dollar.$)$

Option #$1$: $$

Payout options

Option #$1$: $$12,000,000$ six years from now

Option #$2$: $$2,250,000$ at the end of each year for the next six years

Option #$3$: $$11,000,000$ three years from now