Mega Millions

Friday's Mega Millions is Big, but what about the Payout?
Friday's Mega Millions is Big, but what about the Payout?
Friday's Mega Millions is Big, but what about the Payout?
Time to talk payout! So say you were the winner of Friday's $1.35 billion jackpot. Nice job! Two payout options would be made available to you. One option involves an annuity paid over a 29-year period. The second and more common choice is a lump sum cash option, which would cut your jackpot earnings in half! Ouch! The tax man cometh in a big way on that dollar amount! But then again, you'd still be sitting pretty as the halfway mark is $707.9 million. Most people wouldn't flinch at that amount, and I'm one of them.