Which choice yields a greater present value?

You won the lottery and have a couple Of choices as to how to take the money. Which choice yields a greater present value? present Value Of $1 Periods 4 6 5% 0.823 0784 0.746 0.711 0.677 0645 Present Value of Annuity of $1 periods 6 5% 3.546 4329 5.076 5.786 6,463 7.108 6% 0.792 0.747 0.705 0.665 0.627 0.592 6% 3.465 4.212 4.917 5.582 6.210 6.802 0.735 0.681 0.630 0.583 0.540 0.500 3.312 3.993 4.623 5.206 5.747 6.247 0.683 0.621 0.564 0.513 0.424 3.170 3.791 4.355 4.868 5.335 5.759 $53,500 (lump sum) now using a 6% discount rate $80,000 (lump sum) 7 years from now using an 8% discount rate $6,000 a year at the end of each of the next 6 years using a 6% discount rate $84,000 (lump sum) 7 years from now using a 6% discount rate