Mega Millions Jackpot Reaches $650 Million for Tuesday's Drawing

1 min read
Source: Forbes
Mega Millions Jackpot Reaches $650 Million for Tuesday's Drawing
Photo: Forbes
TL;DR Summary

The Mega Millions jackpot has increased to $650 million after no winner was declared in the last draw, with the next drawing scheduled for Tuesday. Winners can choose between an annuity of 30 payments or a lump sum of approximately $191.6 million after taxes, with federal and state taxes significantly reducing the take-home amount. The odds of winning are 1 in 290,472,336, and the jackpot has been growing for over three months.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

1 min

vs 2 min read

Condensed

76%

30372 words

Want the full story? Read the original article

Read on Forbes