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You and 11 coworkers just won 38 milion ( 5666,666.67 each) from the state lottery. Assuming you each recelve your share over 19 years and

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You and 11 coworkers just won 38 milion ( 5666,666.67 each) from the state lottery. Assuming you each recelve your share over 19 years and that the stale lottery earns a 8 percent return on its funds, what is the present value of your prize before taxes if you request the up-tront cash' option? Cick on the table icon to view the anmuly table The present value of your prize before taxes if you request the 'up-tront cash' option is (Round yout answer to the nearest dotiar.)

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