Planning #8 (similar to): Present Value Question Help Present Value. Winners of the Georgia Lotto drawing are given the choice of receiving the winning amount divided equally over 19 years or as a lump-sum cash option amount. The cash option amount is determined by discounting the annual winning payment at 5% over 19 years. This week the lottery is worth $17 million to a single winner. What would the cash option payout be? The cash option payout would be s financial calculator or you may use the Financial Tables in Appendix C in computing your answer, and round to the nearest cent.) (Round to the nearest cent.) (Use your