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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.

Read more at BlackAmericaWeb.com

 

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