You’ve got to play, to win! The Mega Million jackpot has now reached $810 million, up from the estimated $790 million. Tonight’s top prize marks the 4th largest in lottery jackpot history, ever.
Tonight’s drawing is at 11pm, and according to CNBC, a chance of a single ticket matching all 6 numbers in the Mega Millions is 1 in 302 million. Yikes!
Expect to get hit with some heavy taxes if you though! The cash option (which is the most popular option) would win you a little over $470 million. There is a mandatory 24% federal tax withholding on the amount, which reduced the total by about $112 million. AND, you’ll likely owe more at tax time because of the winnings. Bottom line, make sure you you get a team of professionals on your side to help you navigate your new wealth.
Go get your ticket! The chances are slim, but there is still a chance!