Jesse has just learned that she won $1 million in her state lottery. She has the choice of receiving a lump-sum payment of $312,950 or $50,000 per year for the next 20 years. Jesse can invest the lump sum at 8 %, or she can invest the annual payments at 66% per year. Which should she choose for the greatest return after 20 years?

If Jesse choose the lump-sum option, after 20 years she would have ________