Present value of an annuity

On January 1, you win $56,250,000 in the state lottery. The $56,250,000 prize will be paid in equal installments of $6,250,000 over nine years. The payments will be made on December 31 of each year, beginning on December 31 of this year. The current interest rate is 6.5%.

Determine the present value of your winnings. Round your answer to the nearest dollar.

$ _________