Mega Millions Jackpot Soars to $489M Amid Growing Excitement

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Source: Forbes
Mega Millions Jackpot Soars to $489M Amid Growing Excitement
Photo: Forbes
TL;DR Summary

The Mega Millions jackpot has reached $489 million, making it the 15th largest in the game's history. A winner opting for the lump sum would take home approximately $172 million after a mandatory 24% federal tax withholding, potentially dropping to $142.6 million with a full 37% federal marginal rate. The next drawing is scheduled for Tuesday night.

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