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You and 1 1 coworkers just won $ 1 9 million ( $ 1 comma 5 8 3 comma 3 3 3 . 3 3

You and 11 coworkers just won $19 million ($1 comma 583 comma 333.33each) from the state lottery. Assuming you each receive your share over 19 years and that the state lottery earns a 9 percent return on its funds, what is the present value of your prize before taxes if you request the'up-front cash' option?

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