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Now suppose that, as many lotteries do, the annuitized cash flows will grow by 3% per year to keep up with inflation, but they still

Now suppose that, as many lotteries do, the annuitized cash flows will grow by 3% per year to keep up with inflation, but they still add up to $105 million. In this case, the first payment will be $2,207,022.23 today. If you took the cash prize instead, how much would you receive (before taxes)?

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