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You and 1 1 coworkers just won $ 1 4 million ( $ 1 , 1 6 6 , 6 6 6 . 6 7
You and coworkers just won $ million $each from the state lottery. Assuming you each receive 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 theupfront cash' option?
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