You just won the NJ lottery, and you selected the after-tax one lump sum option. Your relatives are very curious about the prize. Your answer was as follows. I plan to use it for 30 years. At the end of the first year, Ill withdraw $35,000. Each year after that, Ill increase my annual withdrawal by 3.5 percent. I earn 5.5 percent on my savings. Can you guess what the after-tax lump sum amount is?

$806,504.10

$834,731.8

$791,214.9

$764,458.87

$508,681.1