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Esteemed Contributor
Posts: 6,438
Registered: ‎04-15-2014

Re: Mega Millions

[ Edited ]

Am I the only one that gets a little bit jealous when I hear that someone wins the big bucks? I'm happy for them and know that it will change their life- but why can't it be me? Smiley Very Happy 

Honored Contributor
Posts: 20,985
Registered: ‎07-26-2014

@cjm61   @Puppy Lips 

 

You only get the FULL amount if you elect to get the 30 year annuity.  You will get an annual payment.

 

If you elect to get all of it right away, you will get a little more than 1/2 BEFORE taxes are taken out.

"Never argue with a fool. Onlookers may not be able to tell the difference."


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Super Contributor
Posts: 434
Registered: ‎08-05-2023
Unfortunately, not moi ...

But I can tell you ,if I was blessed to win 🏆 🙏 🙌....

I would of course take care of my family and friends 🧡

Help people in need in anyway....

Do something positive to make this world , a better place ....
Respected Contributor
Posts: 2,844
Registered: ‎09-07-2014

@Mz iMac Yes, I am aware of that. It has been this way for many years. Ive heard most people prefer the lump sum and not yearly installments.

 

My husband and I will laugh though. When people in California win $1 million and say they are millionaires, we say, nope, you only have about $500,00.

Respected Contributor
Posts: 4,838
Registered: ‎07-24-2013

the Jackpots get so high $$$ because Megamillions changed a few years ago and spread the Mega Ball selection to choice of numbers 1 through 25. 

 

before then it was a choice of numbers 1 through 15. plus they upped the ticket price to $2 .  so it's harder to win now.   

 

this time there are 13 winners who hit Match 5 and got 1M and one of them got 2M due to the megaplier.   then there are a bunch of even smaller prizes.

 

My Lottery Dream Home is so fun to watch. 

Honored Contributor
Posts: 27,281
Registered: ‎03-09-2010

@BoopOMatic wrote:

New Jersey? YAY!!! Let's hope it was @gardenman !!!!  Smiley Very Happy


Sadly, it wasn't me. Pity!

Fly!!! Eagles!!! Fly!!!