"Expert Advice for Mega Millions Billion-Dollar Jackpot Winners"
TL;DR
The Mega Millions jackpot is at a record $1.1 billion, and winners have the choice between a lump sum payment or an annuity. Billionaire Mark Cuban advises against taking the lump sum, emphasizing the risk of mismanaging the money. He suggests opting for the annuity to ensure the highest take-home winnings and avoid reckless spending. Cuban also recommends hiring a tax attorney to plan for the annuity and live comfortably without financial worries.
- Mega Millions jackpot is up to $1.1 billion—what billionaire Mark Cuban says you should do if you win CNBC
- When is the next Mega Millions drawing in Arizona? What to know as jackpot soars to $1.1B The Arizona Republic
- Mega Millions, Powerball jackpots soar up to nearly $2 billion total The Associated Press
- Mega Millions jackpot over $1 billion: When is next lottery drawing? USA TODAY
- Nearly $2 billion is up for grabs as Mega Millions and Powerball jackpots soar ABC News
Want the full story? Read the original reporting
Read on CNBC