Sherrie Miller Daly, 30, pleaded guilty in November of 2004 to a charge of conspiracy to structure a transaction to evade the reporting requirement. Daly will serve five months of house arrest after she is released.
Daly is scheduled to be released June 23, said Rosie Harless, a public information officer at the Federal Medical Center in Lexington.
Sherrie Daly and her parents, Alvis and Billie Miller, were indicted in Mississippi on charges stemming from what authorities said was a drug ring and an illegal gambling operation.
Alvis Miller was sentenced to 2 1/2 years in prison. Billie Miller received five months to serve and five months of home supervision.
Prosecutors have said the two-time major champion didn't know about his wife's activities, which took place between 1996-02. John Daly met his fourth wife at a tournament in Memphis, Tenn., in 2001 and married her seven weeks later.
Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.