George and his wife Mary have an estate valued at $$50$ million. How much can they reduce the size of their estate by without paying gift taxes if they give the maximum gift allowed to each of their children$/$children$\text{'}$s spouses$/$grandchildren each year for the next $20$ years? Assume the have $19$ total family members who will receive gifts? Assume the annual gift tax exemption amount is $$15,000.$

Group of answer choices

$$285,000\mathrm{.}00$

$$1,040,000\mathrm{.}00$

$$570,000\mathrm{.}00$

$$11,400,000\mathrm{.}00$