DID YOU WIN? The winning numbers were drawn for the $1.35 billion Mega Millions jackpot on Friday, August 4.
2 Mega Millions tickets worth $650,000 sold in CaliforniaThere are 1.35 billion reasons to dream, especially what you would do with the jackpot money. However, one thing all lottery winners have to take into account is the fact that their prizes will be taxed.It depends on a couple of factors: do you have to pay state taxes where you live? Will you take the lump sum payment or the annuity payout?
According to Mega Millions' website, those electing to take the annuity option get one immediate payment followed by 29 annual payments, a process that is identical to Powerball with their payouts.
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