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Benefits value at the second crystallisation event was £2,650,000
The lifetime allowance was £1,073,100
Her remaining lifetime allowance was £804,825 being 75% of £1,073,100.
Her excess benefits value was £1,845,175
The lifetime allowance charge was £1,041,846 being 55% of £1,845,175.
Her net excess benefits value was £830,329
Her tax-free lump sum was £201,206 being 25% of her remaining lifetime allowance of £804,825.
Her tax-free lump sum and her net excess benefits value of £830,329 gave her a total lump sum of £1,031,535
She also has residual benefits of £603,619 to provide an income being  £2,650,000 minus £1,014,846 and minus £1,031,535