Mega Millions jackpot hits $940 million. If you win, here's the tax bill

Mega Millions jackpot hits $940 million. If you win, here's the tax bill

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The Mega Millions jackpot has ballooned to an estimated $940 million ahead of Friday's high-stakes drawing at 11:00 p.m. ET. If you pick the magic six numbers, there are two payout options: a lump sum of $472.5 million or 30 years of annuitized payments worth $940 million. Both choices are pretax…

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