You have just won the TVM Lottery. You will receive $$1$ million today

plus another $10$ annual payments that increase by $$165,000$ per year. Thus, in one year you receive

$$1\mathrm{.}165$ million. In two years, you get $$1\mathrm{.}33$ million, and so on$.$ If the appropriate interest rate is

$7\mathrm{.}5$ percent, what is the value of your winnings today?