Mega Millions Hits 500-Million!
No one won Tuesday night's Mega Millions jackpot so that means the jackpot will be a record setting 500-million dollars on Friday night!
I'll be in line to get my tickets today!
Here's a few fascinating facts about Mega Millions.
If you are a Mega Millions jackpot winner, you will have the choice of a Cash Option or an Annual Payout. Annuity option: Provides annual payments over a 26-year period. For every $1,000,000 in the jackpot, you will receive approximately $38,500 per year before taxes. So, if you won the 500 Million on Friday you would receive approx. $19,250,000 a year for 26 years (minus taxes)! Cash option: A one-time, lump-sum payment that is equal to all the cash in the Mega Millions jackpot prize pool. Prize claim parameters vary from state to state. This time the cash out option is about 359 million. I'm thinking I'll take the cash out option. You?
Winning numbers will be drawn Friday night at 7:45 p.m. get them HERE.