Here’s How Much The $1 Billion Mega Millions Winner Will Actually Take Home After Taxes

he Mega Millions lottery jackpot surpassed ten figures Tuesday after no ticket matched all six numbers drawn, pushing Friday’s potential winnings up to $1.025 billion —but because of taxes, the winner will take home significantly less cash. Mega Millions winners can either take 30 annual payments over 29 years or an immediate cash lump sum,…

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