"$910 Million Mega Millions Jackpot: Your Tax Bill If You Win"


Mega Millions jackpot hits an astonishing $910 million after Tuesday's draw with no winner.

Friday's 11:00 p.m. ET drawing offers a chance to win the colossal $910 million prize. 

Winner faces a significant tax bill with a 24% federal withholding before receiving any proceeds. 

The lump sum option of $464.2 million or 30 years of annuitized payments worth $910 million are pretax estimates. 

Certified financial planner recommends the lump sum for maximizing investment opportunities. 

Hitting the Mega Millions jackpot has odds of approximately 1 in 302 million. 

Over $111.4 million goes straight to the IRS as a mandatory upfront federal withholding. 

The 24% withholding doesn't cover the entire tax bill, as the winner enters the 37% tax bracket. 

Salad with Greek Chicken and Bread 

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