The winning $1.58 billion Mega Millions ticket is sold in Florida – Gist It

The winning $1.58 billion Mega Millions ticket is sold in Florida

The winning ticket for the $1.58 billion Mega Millions jackpot was sold in Florida, marking the end of a four-month jackpot drought.

The winning numbers: The lucky ticket matched the numbers 13, 19, 20, 32, 33 and the yellow ball
* There had been 31 consecutive drawings, starting from April 18, without a jackpot winner, allowing the prize to escalate to the third largest ever in U.S. history.

Odds and options: The odds of winning the Mega Millions jackpot are one in 302.6 million.
* The winner could opt for an annuity payout of $1.58 billion over 30 years, although the more commonly chosen option is a lump sum, approximated to be $783.3 million in this case.

Tax Implications: The winnings are subject to federal taxes, and many states impose taxes on lottery winnings as well.

Backdrop: Mega Millions is played across 45 states, Washington, D.C., and the U.S. Virgin Islands.

View original article on NPR

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August 9, 2023

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