![]() Because Florida has no state taxes on lottery prizes, the winner only has federal taxes to worry about. ![]() The whopping jackpot is the third-largest the world has ever seen, and the largest in Mega Millions game history.Īccording to USA Mega's Mega Millions Jackpot Analysis, after all taxes are paid, the winner either will receive $996.5 million by the end of 29 years, or $493.5 million in cash all at once. The winner of the unimaginable haul will choose between being paid $1.58 billion in 30 annually-increasing payments over 29 years or the lump-sum cash value of $783.3 million. It was the 8th time a lottery jackpot had grown to more than $1 billion, and the seventh time a single ticket won $1 billion or more. Submitted by admin on Wed, soboba casino jackpot winners - 22:19Īfter a run of 31 drawings without a jackpot winner, the 32nd drawing of the multi-state Mega Millions game produced a single $1.58 billion winner last night when one lottery ticket sold in Florida matched all five numbers plus the Mega Ball.
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