The Mega Millions jackpot has grown to an estimated $910 million for Friday night’s drawing, the fifth highest in the game’s history. So what would you win if you actually won?
If a sole player picks all five numbers plus the Mega Ball, they have the option of taking the annuitized $910 million prize in 30 increments over 29 years or a one-time lump sum payment of $464.2 million.
A sole winner in Texas who took the cash option would take home about $353 million after paying 24% ($111 million) in federal taxes. There is no additional state tax on lottery winnings in Texas.