So many tickets have been sold that the jackpot climbed Thursday to the largest in U.S. lottery history. If a lone winner took the lump-sum payout on the jackpot’s current amount, it would be an estimated $389.8 million.
What if you win the jackpot?
Annuity option: Provides 26 annual payments. For every $1,000,000 in the jackpot, you will receive approximately $38,500 per year before taxes.
Cash option: A one-time, lump-sum payment that is equal to all the cash in the Mega Millions jackpot prize pool.
In addition to the jackpot, there are other prizes ranging from $2 to $250,000.
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