Lanny won $10MM at a casino three years ago and invested in mutual funds. When he married Judy ten years ago, they signed prenuptial agreements. This year (2023), Lanny decided to give away some of his money. He made the following gifts: $100K to Judy, $50K to each of his three adult children, $50K to the Democratic Party.

What are the total adjusted taxable gifts that Lanny made this year? (Assume no gift splitting was elected)