You have just won the "forever lottery", guaranteeing to pay you and$/$or your descendants $$50,000$ starting one year from now and continuing every year $...$ forever! If your discount rate is $4\mathrm{.}5\%,$ what is the present value of these lottery winnings?

$$13,333,333$

It can not be determined from the information provided

$$1,111,111$

$$3,000,000$