Jameson won the lottery this year, which means that he will receive $400,000 per year for the next 30 years. The present value of Jameson's prize is about $3.75 million. Conscious of the tax benefits of income shifting, Jameson irrevocably assigned one-fifth of every annuity payment to his daughter, Jennifer. What are the tax effects of these events on Jameson? Turn in a tax research memo with your findings (Facts, Issues, Conclusions, Support/Discussion)..