You just won the Powerball lottery worth 50 million. upon reading the fine print, you learned that you have two options: option A: take the cash value of 30 million today before taxes. Option B: The winner is guaranteed to receive 30 graduated payments over 29 years; the first payment is made today. these payments will increase by 2% per year until the final payment. The first payment, received today, equals 1,500,000.00 assuming a required rate of return of 4% calculate the present value of option B.