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Mega Millions Payout Calculator Omni Mega Millions drawings are every Tuesday and Friday at 11 p.m. ET. Tickets are sold in 45 states, plus the District of Columbia and the U.S. Virgin Islands.
If there is a winner, Mega Millions jackpot would be the fifth-largest jackpot in Mega Millions history, making the take-home prize a lump-sum payment of an estimated $516.1 million after taxes.
The unidentified lucky ticketholder can choose between the $1.22 billion jackpot paid out in installments over 29 years or take the one-time lump sum estimated at $549.7 million.
The annuity value was $543 million, but the holders of the winning ticket, 11 co-workers at a Wells Fargo branch in San Jose, chose to split the $320 million cash lump sum. [29] Mega Millions' tenth-largest jackpot, $540 million, was for the July 8, 2016, drawing. One ticket from Indiana won the jackpot, the winner chose the cash option. [30]
The Mega Millions jackpot winner could either take the cash payout of $549.7 million or the $1.22 billion annuity paid out over 30 years. ... The cash option for winners that take a lump sum ...
The Mega Millions jackpot has climbed to $1.15 billion ahead of Friday’s drawing, making it the fifth-largest prize in the game’s history. ... That works out to $325,184,812 as a cash lump sum ...
Winners have two choices: a 30-year annuity that pays the full jackpot amount or a one-time cash lump sum, which is much smaller. ... This story has been updated to note that Mega Millions began ...
The lump sum cash value of this week’s jackpot is $625.3 million, according to Mega Millions. After the federal government takes out 24% up front, the winner will have around $475.2 million.