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you and 1 1 coworkers just won $ 1 2 million ( 1 , 0 0 0 , 0 0 0 , 0 0 each
you and coworkers just won $ million each from the state lottery. Assuming you each recieve your share over years and that the state lottery earns a percent return on its funds, what is the present value of your prize before taxes if you request the upfront cash' option?
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