Mega Millions Jackpot Reaches $843 Million After No Winner

1 min read
Source: Forbes
Mega Millions Jackpot Reaches $843 Million After No Winner
Photo: Forbes
TL;DR

The Mega Millions jackpot has increased to $843 million after no winner was found in the latest draw, but the actual take-home amount after taxes varies: a lump sum would be about $247 million after federal taxes, while the installment option would reduce annual payments to around $17.7 million due to taxes. The odds of winning remain extremely low at 1 in 290.4 million, and the next drawing is scheduled for Friday night.

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