Mega Millions
Mega Millions: US Lottery Player Wins $1.3 Billion Prize
(CTN News) – In US history, the third-largest lottery jackpot was won at a gas station in Des Plaines outside Chicago.
Moreover, lottery officials revised the payout amount up to $1.337 billion (€1,307 billion) from an estimated $1.28 billion on Saturday.
One in 303 million people are likely to win the Mega Millions jackpot, compared to one in a million chances of being struck by lightning, according to government data.
Ohio Lottery Director Pat McDonald, the current Lead Director for the Mega Millions Consortium, said, “We will congratulate the winner as soon as possible.”
Full lotto payout could take decades
Although it may seem impossible, the winner won’t be able to blow the $1.337 billion in one go.
Winners who opt for the 29-year annuity option will receive the prize. In Friday night’s drawing, an estimated $780.5 million was up for grabs as cash.
Taxes on lottery payouts in the US will also eat up a lot of the money.
It is also possible that a group of people purchased the winning ticket.
“We won’t know if the winner is an individual or a lottery pool until the winner claims their prize,” National Mega Millions spokeswoman Danielle Frizzi-Babb said.
You can choose to withhold your name from the public for a year after the drawing.
Despite being split among three winners, Friday’s total falls short of the $1.586 billion set in January 2016 by the Powerball.
Mega Millions’ October 2018 drawing for $1.5 billion was the second-highest prize ever.
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